Cluj-Napoca, Romania · Startup Deep-tech firm building AI-powered smart glasses that replicate guide-dog function for the visually impaired, using pedestrian autonomous-driving perception and haptic head-steering. Tested with 300+ blind users across ~30 countries.
London, United Kingdom · Startup 11x is the breakout star of the UK's agentic AI wave, known for building "digital workers" that replace full job functions rather than merely assisting them. Founded in 2022 by Hasan Sukkar, the company frames its product as autonomous employees rather than software tools. That positioning is controversial, but it resonates with revenue teams seeking to eliminate manual drudgery and scale outreach without linear headcount growth.
The flagship product, Alice, is an AI Sales Development Representative that can source leads, research accounts, craft highly personalized outreach, and follow up continuously. In late 2024, 11x launched Jordan, a multilingual AI phone agent that conducts real-time voice conversations for qualification and support in more than 30 languages. Together, these agents can run a large portion of the outbound funnel end-to-end, from initial outreach to handoff, with human oversight focused on high-value exceptions.
By early 2026, 11x had exploded in valuation after a Series B led by Andreessen Horowitz, a rare win for a UK-first startup. The company processes millions of interactions for high-growth tech companies such as Otter.ai and Airwallex and is expanding its footprint in San Francisco to preempt US-based competitors. The roadmap centers on "digital teams" that coordinate multiple agents across tasks: one agent identifies a lead, another calls, a third negotiates logistics, and a final agent drafts the contract. This orchestration layer is the company's strategic bet on becoming the default system for revenue operations.
The company's roots include Y Combinator's Summer 2023 batch, which accelerated its US network and credibility, and its UK engineering base sits in the London Bridge tech hub. Investor support spans US and European capital: a16z led the Series B, Benchmark led the Series A, Lux Capital participated early, Quiet Capital backed growth, and 20VC provided influential local support. In 2026, 11x is the UK's most visible play on AI-native revenue teams, aiming to become a category-defining platform for autonomous sales operations.
Reykjavik, Iceland · Startup 1939 Games is an independent game development studio founded in Reykjavik in 2015 by veterans of CCP Games. The studio developed KARDS, a free-to-play digital collectible card game set in World War II, which launched on Steam in 2019. KARDS blends traditional CCG mechanics with real-world historical units and strategies from the Second World War and has built a global player community.
Hamburg, Germany · Startup 1KOMMA5° (named for the 1.5°C climate target) is one of Europe’s fastest-scaling energy transition companies, reaching unicorn status in roughly 21 months. Based in Hamburg, the firm tackles the “last mile” of decarbonization by combining a roll-up acquisition strategy with a software-defined energy platform. Instead of only selling solar panels, 1KOMMA5° acquires local installer businesses across Europe and digitizes them to deliver end-to-end home electrification — solar, batteries, heat pumps, and EV chargers — with consistent quality and financing. The company’s differentiator is Heartbeat, a proprietary energy management system that turns these assets into a virtual power plant. Heartbeat orchestrates when batteries charge or discharge based on real-time spot prices and grid conditions, allowing households to capture savings from dynamic tariffs and to export power during peak demand. In 2025, the system expanded to automated trading of household energy, making “free” electricity periods during windy or sunny hours a tangible consumer benefit. This blending of hardware deployment and energy-software automation allows 1KOMMA5° to capture margin both on installation and on recurring software and energy services. Founder Philipp Schroder (former Tesla country director and Sonnen executive) used his industry network to skip early accelerators, and the company instead embedded itself in the Hamburg Startup City ecosystem. Its acquisition engine is relentless: by buying regional market leaders, it locks in the most scarce resource in the sector — skilled installers — while rapidly expanding geographic reach. By early 2026, 1KOMMA5° had expanded beyond DACH into the Nordics, Spain, and Australia, positioning itself for a cross-continental footprint ahead of a public listing. The company has signaled an IPO-readiness push, backed by record turnover reported for 2024 and an expansion into branded hardware components to increase margin and supply-chain resilience. Its investor base blends strategic and growth capital: Porsche Ventures provided early backing, G2VP brought Silicon Valley cleantech expertise, Eurazeo and eCapital added European growth capital, and Norrsken VC underscored the impact thesis. In 2026, 1KOMMA5° is a case study in how Europe can scale climate tech through operational execution rather than pure technology — a disciplined roll-up with a software heart that turns millions of households into coordinated energy assets.
Novi Sad, Serbia · Startup 3Lateral is a Novi Sad-based deep-tech studio that builds some of the most advanced digital human technology in the world, including high-fidelity facial rigging, performance capture, and AI-driven character animation pipelines used across games, film, and virtual production. Founded in 2004 by Vladimir Mastilović, the company became a go-to technical partner for AAA studios pushing the boundary of believable CG faces, and was acquired by Epic Games in 2019 to anchor what would become the MetaHuman Creator — the feature inside Unreal Engine that lets any developer ship production-grade photorealistic characters in hours instead of months. Even after the acquisition, 3Lateral continues to operate out of Serbia as a core R&D center for Epic's digital-human stack, making it one of the clearest examples of world-class computer-graphics IP built entirely in the former Yugoslav space and now shipped into tools used by hundreds of thousands of developers globally.
Reykjavik, Iceland · Startup 50skills is a Reykjavik-based HR SaaS platform that streamlines the full employee journey — from hiring through onboarding, crossboarding and offboarding — in a single workspace. The platform centralises employee data, eliminates repetitive data entry across HR systems, and integrates with the tools employers already use. Founded in 2017, the company raised €2.5M from Frumtak Ventures in 2022 and has since grown to approximately 22 employees serving customers in over 20 countries. Major Icelandic clients include Icelandair, PLAY Airlines, IKEA, Vodafone, Securitas and Domino's. The company reported $2.1M in annual revenue in 2024.
London, United Kingdom · Startup 9fin is a London-based AI-native intelligence platform for credit and debt capital markets, founded in 2016 by Steven Hunter and Hussam El-Sheikh. The platform provides real-time data, news, analytics, and document-extraction tools to banks, asset managers, law firms, and advisors covering leveraged finance, private credit, and distressed debt. In March 2026, 9fin raised $170 million in a Series C round at a $1.3 billion valuation, reaching unicorn status. Over 300 leading financial institutions use the platform.
Barcelona, Spain · Startup Abacum is an AI-native financial planning and analysis (FP&A) platform for mid-market and scale-up finance teams, integrating 700+ data sources to automate planning, consolidate real-time data and enable collaboration on budgets and forecasts. Commercial HQ in New York.
Novi Sad, Serbia · Startup ActiveCollab is a bootstrapped project management and collaboration SaaS platform built specifically for service businesses. Founded in 2007 by Goran Radulovic and Ilija Studen in Novi Sad, it originated as an open-source tool in 2006 before moving to a commercial model. The platform provides project management, time tracking, budget tracking, client management, and invoicing in a single product available as both cloud-hosted and self-hosted deployments. Over 50,000 teams worldwide rely on ActiveCollab, including organisations at NASA, Apple, Samsung, Nike, IKEA, Adobe, BBC, and Stanford University.
Prague, Czech Republic · Startup Adam is a marketplace for tradespeople, effectively an on-demand platform for home renovation and construction services. Customers can book vetted painters, electricians, or renovation crews, while providers receive steady demand and streamlined scheduling. The company has expanded across Europe, including the UK, Spain, and France. By 2026, Adam is a visible Czech marketplace success in the home services sector.
London, United Kingdom · Startup AdMagica is a generative AI platform for e-commerce ad creative production, with corporate presence in London and core operations in Tbilisi. The product helps performance marketing teams generate, resize, and test conversion-oriented creatives faster across social channels, reducing creative fatigue and production overhead. The company emerged from the 500 Eurasia Batch 9 ecosystem and targets European commerce brands.
Vienna, Austria · Startup Adverity is a marketing data and analytics platform headquartered in Vienna, founded in 2015. It helps marketing, sales and e-commerce teams integrate, clean and manage data from many sources, then analyse it to generate insights. Its offering splits into Adverity Data, for data collection, integration and quality management, and Adverity Intelligence, for analytics and AI-powered, conversational capabilities, connecting to a large number of marketing and advertising data sources. The company holds ISO/IEC 27001 and SOC 2 Type 2 certifications and is backed by investors including SoftBank Vision Fund 2 and Sapphire Ventures.
Amsterdam, Netherlands · Startup Adyen is a global payments technology company headquartered in Amsterdam that provides a single platform for accepting payments across online, in-store, and mobile channels. Listed on Euronext Amsterdam since 2018, Adyen serves major enterprise customers including Spotify, Uber, eBay, and Microsoft. The company processes hundreds of billions of euros annually and is one of Europe's most valuable public tech companies, with a market capitalization that has exceeded $50 billion. Adyen's end-to-end approach, combining gateway, risk management, processing, and acquiring in one platform, has made it the payments infrastructure of choice for global enterprises.
Riga, Latvia · Startup Aerones is the world-leading provider of robotic wind turbine maintenance and inspection services. Founded in 2015 by Dainis Kruze and Janis Putrams, the company deploys rope-suspended robots guided by AI software to perform blade cleaning, leading-edge erosion repairs, lightning protection checks, and autonomous visual inspections — completing tasks up to four times faster than manual methods. A Y Combinator W18 graduate, Aerones has raised $115 million in total including a $62 million Series B in 2025, serves customers representing over 50% of global wind power capacity, and operates in 30+ countries.
Mont-Saint-Guibert, Belgium · Startup Aerospacelab designs, builds and operates satellites end-to-end, offering versatile platforms (150 kg–1 t), payloads spanning earth observation and telecom, and full mission operations. Founded in 2018 by ex-NASA and ESA engineer Benoît Deper, the company is 90% vertically integrated and ITAR-free. It raised a €94 M Series B in August 2025 (including €37.5 M from the EIB) and is completing a Megafactory in Charleroi — Europe's largest satellite plant, targeting 500 units per year by 2026. Aerospacelab is one of two finalists competing to build the LEO layer of the EU's IRIS² secure-comms constellation.
Dublin, Ireland · Startup Aerska is a Dublin-based RNA medicines biotech company that uses proprietary brain shuttle technology to overcome the blood-brain barrier and deliver RNAi therapies for neurological diseases such as Alzheimer's and Parkinson's. Founded in 2025 by Jack O'Meara, Dave Hardwicke, and Stu Milstein, the company emerged from stealth in October 2025 with a $21 million seed round, then closed a $39 million Series A in February 2026 led by EQT Dementia Fund and age1, bringing total funding to $60 million.
Sofia, Bulgaria · Startup Developer platform for deploying and managing fleets of AI coding agents in copy-on-write sandboxes that mirror production, with stall detection, multi-OS testing and a unified orchestration dashboard.
Copenhagen, Denmark · Startup Ageras is a Copenhagen-based fintech company founded in 2012 that has assembled a comprehensive financial operating system for small businesses through a strategy of organic development and acquisitions. The platform combines banking, accounting software, payroll, invoicing, and tax tools into a single integrated experience, reducing the need for SMBs to juggle multiple vendors. Ageras has acquired companies including Billy, Kontist, and Tellow to build out its stack across Denmark, Germany, and the Netherlands. The company aims to become the default financial backbone for European small businesses.
Bratislava, Slovakia · Startup AgeVolt offers a digital ecosystem for EV charging that integrates with building energy management to prevent overloads and blackouts. Its platform optimizes charging schedules, manages access, and supports payments across fleets and commercial properties. The company is building a network model described as a “booking.com for private chargers,” unlocking underused charging infrastructure. By 2026, AgeVolt is a notable Slovak player in smart charging.
Munich, Germany · Startup Agile Robots is a Munich-based robotics company founded in 2018 as a spin-off from the German Aerospace Center (DLR). It builds robots that combine precise force-torque sensing with AI-driven computer vision to handle delicate industrial tasks such as assembly and inspection. Backed by investors including the SoftBank Vision Fund, it manufactures both robotic arms and complete automation systems and is one of Germany's most valuable robotics startups.
Zagreb, Croatia · Startup AGRIVI is a digital agriculture platform offering farm management software (AGRIVI 360), an AI advisory tool for input manufacturers (AGRIVI AI Engage), and food traceability solutions. The platform is used across 50+ markets by enterprise farms and agri-food companies including Nestlé, Driscoll's, and Kimberly-Clark. Founded in Zagreb in 2013, the company has raised EUR 4 million and is active across five continents.
Tbilisi, Georgia · Startup Agrolabs is an AgTech company from Tbilisi focused on digitizing greenhouse operations through IoT sensing and analytics. The platform combines hardware sensors with cloud-based monitoring to detect crop and climate anomalies early and provide daily recommendations for yield optimization. It grew from the 500 Georgia/Eurasia ecosystem and is positioned for cross-border agriculture markets.
Warsaw, Poland · Startup Construction analytics platform that ingests drone, satellite, and site imagery to produce automated progress, quantity, and quality reports for large linear-infrastructure projects (roads, rail, pipelines, solar farms). Operates across Europe and North America. Backed by Movens Capital.
Ghent, Belgium · Startup Aikido Security is a unified developer-first application security platform covering code scanning, cloud posture, runtime monitoring and AI-driven penetration testing — all from one console. Founded in 2022 in Ghent by serial entrepreneurs Willem Delbare, Roeland Delrue, Felix Garriau and Madeline Lawrence, it became Europe's fastest cybersecurity unicorn after closing a $60 M Series B led by DST Global and PSG Equity in 2025 at a $1 B+ valuation. Annual recurring revenue hit $20 M in 2025 with a target of $60 M. Aikido serves developers and security teams at mid-market and enterprise companies from offices in Ghent, San Francisco, London and Chicago.
Turin, Italy · Startup AIKO develops flight-proven AI software that enables satellites and spacecraft to operate autonomously — detecting anomalies, replanning missions, processing payload data, and executing maneuvers without ground intervention. Founded in Turin in 2017 by Lorenzo Feruglio, AIKO became the first European company to demonstrate deep learning algorithms in orbit. The company's modular product suite (GENE for anomaly detection, OLIVER for onboard planning, CLEAR for payload processing, DANA for maneuvering) serves commercial operators and space agencies. With offices in Turin and Toulouse, AIKO has raised €7 million and is leading the ASIMOV proximity-operations project funded by the Italian Space Agency.
Budapest, Hungary · Startup AImotive (originally Adasworks) is a Budapest-based deep-tech company building a full-stack automated driving platform — perception, prediction, planning, and control — designed as vendor-neutral software that OEMs and tier-one suppliers can integrate alongside their own hardware rather than buy as a locked Nvidia or Mobileye stack. Founded in 2015 by László Kishonti, AImotive also develops aiSim, a production-grade simulation environment used by automotive customers to validate ADAS and self-driving stacks, and its own NPU IP (aiWare) aimed at efficient neural-network inference for automotive workloads. The company has partnerships with Volvo, Bosch, and other tier-one automotive players, and was acquired by Stellantis in 2024 to become part of the group's in-house software and AD stack — one of the most strategically significant European automotive AI exits of the decade and a capstone story for Hungarian deep-tech.
Paris, France · Startup Aircall is a Paris-based fintech-adjacent software company founded in 2014 that provides a cloud-based business phone and call-centre platform, integrating voice calling with CRM and helpdesk tools and adding AI-powered conversation intelligence. It serves sales and support teams at thousands of companies and reached unicorn status in 2021.
London, United Kingdom · Startup Agent-native AI platform for go-to-market execution, founded by ex-DeepMind researchers (formerly Glyphic). Autonomous agents act on commercial context across calls, emails, tickets and CRM to update systems, flag risks and generate follow-ups for revenue teams.
Helsinki, Finland · Startup Aiven is a Helsinki-based cloud data platform founded in 2016 that provides fully managed open-source data infrastructure services including PostgreSQL, Apache Kafka, Redis, Elasticsearch, and ClickHouse across all major cloud providers. The company raised over $270 million including a $210 million Series D in 2022 at a $3 billion valuation, making it Finland's most valuable startup at the time. Aiven serves thousands of customers globally and employs over 500 people. By abstracting the operational complexity of open-source data tools, Aiven enables engineering teams to focus on building rather than managing infrastructure.
Oslo, Norway · Startup Aize is an Oslo-based industrial software company founded in 2020 as a spin-off from the Aker Group, drawing on 30 years of industrial software heritage. Its platform creates digital twins of heavy assets — integrating 2D, 3D and 4D data — for engineering, operations, maintenance and project execution in the energy and infrastructure sectors. Aize has a strategic partnership with Aker BP to provide a single source of truth for offshore assets and is deployed on some of Norway's largest oil and gas developments. The company operates globally with around 197 employees across six continents.
Kyiv, Ukraine · Startup Overview: Ajax Systems is a leading security technology startup and is now the largest manufacturer of professional security systems in Europe. The company develops and produces a range of smart security devices for homes and businesses - including wireless motion detectors, door/window opening sensors, glass break sensors, fire alarms, flood detectors, and control panels - all connected via Ajax's proprietary radio communication technology. An Ajax security system typically centers around a smart hub and can integrate over 50 different sensors and sirens to provide comprehensive intrusion detection, fire safety, and even smart home automation. The devices are known for their sleek design (winning multiple Red Dot design awards) and reliable performance (long battery life, extended wireless range, resistant to jamming). Users manage the system through Ajax's mobile app, receiving instant alerts and being able to arm/disarm or monitor their property from anywhere. Unlike traditional wired security systems, Ajax's wireless approach allows easy installation and scalability. With its combination of hardware and software, Ajax Systems has effectively become a security platform protecting over 1 million premises in more than 120 countries. Founding Story (2011): Ajax Systems was founded in 2011 in Kyiv, Ukraine by Oleksandr (Alexander) Konotopskyi. Konotopskyi started Ajax in his mid-20s, with a vision to build a security system that was both high-quality and affordable, targeting a gap in the market between cheap unreliable alarms and overly expensive Western systems. In the early days, Ajax was literally a garage startup - the team of engineers hand-soldered the first devices themselves. They focused initially on creating a car alarm and simple motion detectors, but soon pivoted fully to smart home security. The name "Ajax" was chosen to signify agility and strength (after the Greek hero). The company struggled to find capital at first, as Ukraine in 2011 had limited VC presence. In 2015, Ajax got its first external investment of $1M from SMRK, a local fund run by MacPaw's CEO, which allowed scaling production. A major milestone was around 2016 when Ajax launched its second-generation system with the Jeweller radio technology and a polished mobile app - this got attention in European markets. By 2017, Ajax started exporting its devices beyond Ukraine, and a turning point came when it won a prestigious security industry award in the UK, helping build global credibility. The founding story is one of persistence: Konotopskyi has often recounted how many advised him that manufacturing electronics in Ukraine was impractical, but he proved it possible with a highly motivated local team. Product and Innovation: Ajax's product line today includes about 180 products covering intrusion detection (motion, opening, glass break sensors), fire safety (smoke and CO detectors, fire alarm), flood prevention (leak detectors), plus sirens, keypads, panic buttons, and relay modules to control third-party devices. The system connects via radio frequencies (868 MHz band in Europe, etc.) with range up to 2000 meters and has advanced encryption. One of Ajax's innovation points is its proprietary OS Malevich that runs the hubs, enabling over-the-air updates and new features. The Ajax mobile app provides a modern UX that was missing in older alarm systems. Another innovative aspect is battery life - sensors can work 5-7 years on one battery, addressing a pain point of wireless security. Ajax also built a technology called Wings for photo verification - some motion detectors have cameras that can send photos when triggered, so users and alarm companies see if an intruder is present. The target market for Ajax includes both residential customers and small businesses/shops, as well as larger commercial clients (they have a heavier-duty hub for enterprise). The systems are typically sold and installed via a network of 1,100+ authorized security providers/installers globally, rather than direct to consumer only. This channel strategy helped Ajax penetrate traditional security markets in Europe, Asia, and beyond. Traction and Scale: The growth of Ajax Systems has been remarkable, especially post-2015. As of late 2023, Ajax serves over 4 million end users worldwide who rely on its security systems. It has become the top alarm system brand in Europe by units sold - a feat for a Ukrainian company competing with legacy giants. The company's revenue reflects this: in 2023, Ajax's revenue was around UAH 7.5-8.5 billion (Ukrainian hryvnia), roughly $200+ million USD, showing rapid growth from just a few million USD a decade prior. It's been profitable and reinvesting in expansion, now running multiple manufacturing plants. Ajax exports to over 120 countries, with key markets including Italy, Spain, France, the UK, and also growth in the Middle East and Latin America. In Ukraine, Ajax became a market leader, protecting many homes even amid the war. The company's workforce grew to around 2,500 employees (by 2025) spread across R&D centers in Kyiv, hardware development in Kharkiv, and manufacturing facilities in Ukraine and a new plant in Turkey (opened 2022) and recently in Vietnam (opened 2025 to diversify production). These expansions are partly in response to risk management due to regional instability, but also to meet surging global demand. Ajax's products have received numerous awards in the security industry and technology circles for innovation. Funding and Investors: Ajax's funding journey started with local investors. The initial $1M from SMRK in 2015 and early revenues got the company off the ground. A significant boost came in 2019 when Horizon Capital, a U.S.-Ukrainian private equity firm, invested $10 million for a minority stake. This effectively was Ajax's Series A, and it valued the company north of $70M reportedly. Horizon's investment provided growth capital to scale production and international sales. Interestingly, Ajax never took traditional Silicon Valley VC funding; by the time it was on VC radar, it was already profitable and scaling via PE style funding. EBRD also extended some debt financing to Ajax as it expanded manufacturing. Total external funding is relatively modest (about $11M equity and some debt), as the company's strong revenue allowed it to fuel growth internally. PitchBook data shows Ajax's valuation surpassed $100M by 2020, and given the revenue growth, some speculated it could approach unicorn status if valued on a typical tech multiple (though security hardware might have lower multiples). Achievements and Impact: Ajax Systems stands out as one of the most successful hardware startups from Eastern Europe. Achievements include becoming the number 1 security system brand in Europe within 10 years, something even the founder calls "building the Apple of security in Ukraine." The products have achieved a level of reliability that professional security companies trust - over 1,200 security companies (alarm response centers) around the world integrate with Ajax's system to provide monitoring services. Ajax's impact in Ukraine is also profound: it built local manufacturing when many said it was impossible, created thousands of jobs, and became one of Ukraine's top tech exporters. Even during the 2022 Russian invasion, Ajax kept its factories in Ukraine running (with precautions and relocating some lines to safer regions) and supported the war effort by developing an "Air Alarm" app for Ukrainians (in partnership with the government) to warn of missile attacks. This app uses Ajax's expertise in instant mass notification and became a widely used tool, saving lives. Ajax's success has been a beacon for Ukraine's tech industry, proving that a hardware company can scale globally from Ukraine. In recognition, founder Konotopskyi received national awards and is often cited among top Ukrainian entrepreneurs. The company's plans include possibly an IPO in the future once global expansion stabilizes. It continues to innovate - recent new products include automation devices (to control lights, thermostats, etc., moving Ajax towards smart home, not just security). By coupling security with convenience, Ajax is carving out a role in the broader IoT and smart home market. In summary, Ajax Systems transformed from a Kyiv startup into a global security powerhouse, all while keeping its R&D and much of its production in Ukraine, which is a testament to the talent and resilience of Ukrainian engineers and business leaders. Sources: inventure.com.ua, euristiq.com, techukraine.org, ajax.systems.
Paris, France · Startup Alan is a Paris-based health insurance and digital health platform founded in 2016 by Jean-Charles Samuelian-Werve (CEO) and Charles Gorintin (CTO) — the only new independent health insurer licensed in France since 1986. It combines group and individual health insurance with a mobile super-app offering reimbursements, telemedicine, mental-health support (Alan Clinic) and Mo, an AI health assistant delivering doctor-reviewed answers. By early 2026 Alan served over one million members across France, Belgium, Spain and Canada, with €785M ARR in 2025 (up 53%) and operational profitability in France.
Alan has raised roughly €754M across eight rounds. It reached unicorn status in 2021 with a €185M Series D led by Coatue, and in March 2026 a €100M Series G led by Index Ventures — a backer since its Series A — valued the company at €5bn. Other investors include Temasek, Teachers' Venture Growth, Coatue, Lakestar, Partech, Belfius and DST Global.
Strasbourg, France · Startup Developed a proprietary biomaterial made from albumin — fully biocompatible and biodegradable — engineered for next-generation drug delivery and tissue engineering, with natural tumour tropism and built-in imaging visibility. Founded 2023.
Reykjavik, Iceland · Startup Alda is an Icelandic HR-tech startup founded in 2022 that provides a culture intelligence platform for measuring and improving workplace diversity, equity, and inclusion (DEI). The platform combines inclusion surveys, gamified micro-learning, AI-powered action plans, and real-time DEI dashboards. Alda has raised €2.9 million from Frumtak Ventures and Tennin, and counts Aker Solutions, Icelandair, and Avalanche Studios among its clients. It was named a Gartner Cool Vendor in 2025.
Heidelberg, Germany · Startup Aleph Alpha is a Heidelberg-based artificial intelligence company founded in 2019 that develops large language models and enterprise AI infrastructure with a focus on sovereignty, transparency and data protection for European governments and regulated industries. Its Luminous model family and PhariaAI platform target on-premise and mission-critical deployments. The company raised a large Series B round in 2023 backed by investors including Bosch, SAP and the Schwarz Group.
Warsaw, Poland · Startup Aleph Zero is a Warsaw-founded layer-1 blockchain project focused on privacy-enhancing technology and scalable consensus, using a peer-reviewed proof-of-stake protocol combined with secure multi-party computation. The company was co-founded by Polish researchers Adam Gągol and Antoni Żółtowski. It raised early backing from notable angels including Balaji Srinivasan and operator-angel Piotr Smoleń, and built one of the most active developer communities in Polish web3.
Reykjavik, Iceland · Startup Algalíf is an Icelandic biotechnology company founded in 2012 that produces high-grade natural astaxanthin from microalgae using 100% renewable geothermal energy in a fully enclosed indoor photobioreactor system. The company is certified carbon-negative, binding 75 tonnes of CO2 annually, and holds over $50M in cumulative investment. In 2025 Algalíf launched Astalíf 15, the world's first 15% natural astaxanthin oleoresin, and broke ground on the world's largest natural astaxanthin facility (12,500 m²). The board initiated IPO preparations for 2025 and appointed new leadership following the departure of long-serving CEO Orri Björnsson.
Milan, Italy · Startup Quantum software company relocated its global headquarters from Helsinki to Milan in May 2026, marking Italy's largest-ever quantum computing investment round of €18M. Develops quantum algorithms and classical-quantum hybrid software targeting drug discovery and industrial optimisation, with a focus on near-term quantum hardware.
Freiburg, Germany · Startup Accelerates cancer immunotherapy development with its HLA-Compass platform, a large quantitative database of HLA peptide presentation. AI-driven analytics predict off-target toxicity and support target discovery for safer, more precise therapies.
Warsaw, Poland · Startup Allani is a Polish fashion-discovery and shopping aggregator that lets users browse clothing and accessories across hundreds of online stores from a single interface. Led by Mateusz Romanowski (also an early Brainly angel), Allani operates a popular consumer product in Polish e-commerce, monetizing through affiliate revenue and direct partnerships with retailers.
London, United Kingdom · Startup British challenger bank for established SMEs offering business current accounts, savings, commercial mortgages, and asset and invoice finance. Secured its banking licence in 2019; among the UK's fastest-growing companies.
Kyiv, Ukraine · Startup Overview: Allset is a food-tech startup that provides a platform for online restaurant ordering and pickup. Originally launched as a dine-in pre-ordering app, Allset allows customers to pre-order meals at restaurants so that the food is ready at a scheduled time and they can "skip the line". Over time, Allset expanded to enable standard takeout orders, curbside pickups, and even contactless dine-in where you arrive and your meal is served immediately. The convenience factor is central: Allset's app lets users browse menus of partner restaurants, pay in advance (including tip), and streamline the eating experience without waiting. For restaurants, Allset offers a marketplace to attract busy professionals and on-the-go diners, while avoiding the high fees of delivery services. By focusing on pickup and in-restaurant efficiency, Allset positioned itself as a lower-cost alternative to delivery apps for eateries, promising no couriers or delivery logistics - just seamless pickup transactions. As of 2021, Allset had thousands of restaurant partners, particularly in major U.S. cities, and had broadened its use-case to also support contactless dining during the COVID-19 pandemic. Founding Story (2015): Allset was founded in 2015 by two Ukrainians, Stas Matviyenko (Stan) and Anna Polishchuk, who moved to California to grow the business. The founders previously built a mobile payments startup in Ukraine (Settle), which gave them insight into restaurant payment pain points. They noticed that busy professionals often have limited lunch break time and that waiting for service at restaurants ate up much of it. Thus, Allset was conceived to let users pre-order and pre-pay for meals so they could "set" everything in advance and have all set when they arrive (hence the name). The concept started with a few restaurants in San Francisco and New York participating. Early growth was modest as it required signing up restaurants one-by-one and changing consumer habits. However, by offering a win-win - restaurants get more turnover at lunch with guaranteed orders, customers get time savings - Allset steadily gained traction. Matviyenko and Polishchuk leveraged their Ukrainian tech team to build the app cost-effectively. In 2016, they got into the 500 Startups accelerator, which provided seed funding and mentorship in Silicon Valley. By 2017-2018, Allset expanded to multiple U.S. cities and refined its model to also include standard takeout ordering. Product and Market: Allset's target users were urban professionals and corporate employees looking for efficient lunch options. It integrated with over 7,000 restaurants in the U.S. and also some in Ukraine by 2023. Cuisine-wise it was diverse - from fast-casual chains to local eateries. The platform's business model charges restaurants a commission per order, but it touted itself as having significantly lower fees than delivery apps like UberEats or DoorDash. This is because pickup orders do not involve logistics costs. Allset also at times charged consumers small convenience fees or offered a subscription for zero fees. Its competition includes not just the big delivery apps, but also restaurant reservation systems and point-of-sale providers who have added mobile ordering. However, Allset carved a niche in "order ahead for dine-in/pickup." During COVID-19, Allset quickly shifted focus to contactless pickup and curbside service, which aligned with public health needs. The app usage grew as more consumers opted for takeout and avoiding crowds. Post-pandemic, Allset continued to be relevant as many users, accustomed to mobile ordering, kept using it for efficiency. Traction: By the early 2020s, Allset had facilitated tens of millions of orders. It was particularly popular in cities like New York, Los Angeles, Chicago, and Houston. The app had over 2 million users and a strong repeat usage among its core demographic (e.g., office workers who would use it daily for lunch). Allset's restaurant network grew to include national chains as well as local favorites. A reported figure from around 2021 indicated nearly 7,000 restaurant partners across the US and Ukraine, illustrating its significant network. Partnerships with large chains (for example, they onboarded Panera Bread in some regions) helped validate the concept. In terms of scale, Allset's gross merchandise volume (the total value of orders through the platform) reached eight figures in USD annually. Press coverage often highlighted Allset as a rising star in the on-demand dining space, and it received awards like being listed in Forbes' 30 Under 30 (Matviyenko was honored in 2018). Funding and Investors: Allset attracted a mix of Silicon Valley and Ukrainian investors through its journey. Early on, it raised a $3.35M combined seed (including a $1M pre-seed from SMRK, a Ukrainian VC). In 2018, Allset secured an $8.25M Series A, with investors like Greycroft, Andreessen Horowitz (a16z), VK (Digital Garage), and SMRK participating. This round helped fuel its expansion to new cities. By 2020, Allset had raised a total of about $16.6M in funding. A notable investor, Andreessen Horowitz, gave credibility given their prominence. Additionally, the EBRD (European Bank for Reconstruction and Development) co-invested in Allset, a nod to its Ukrainian roots and growth potential. The company was relatively capital-efficient, using a distributed team in Kyiv for development while its sales team signed restaurants in the U.S. According to PitchBook, Allset's valuation was healthy, though it never reached unicorn status. Acquisition by SoundHound (2024): A major milestone came in June 2024, when SoundHound AI, a Nasdaq-listed voice AI company, announced it had acquired Allset. The deal amount was undisclosed, but it marked a successful exit for the founders and investors. SoundHound's interest was in combining Allset's marketplace and restaurant partnerships with SoundHound's voice assistant tech for ordering (they have a voice ordering system used by restaurants). Through this acquisition, Allset's team (Matviyenko and Polishchuk) and technology joined SoundHound, aiming to power voice-enabled food ordering across SoundHound's large client network. The acquisition can be seen as a strategic fit: Allset brings the restaurant relationships and order workflow, while SoundHound brings cutting-edge voice AI. Allset's co-founders took on roles within SoundHound's leadership to continue growing this combined vision. For the Ukrainian startup scene, Allset's acquisition was a proud moment - a startup founded by Ukrainians achieved a notable exit on the global stage. Achievements and Impact: Allset's journey demonstrated the strength of Ukrainian entrepreneurs in the global arena of food tech. The company managed to enter the ultra-competitive U.S. food app market and carve a space for itself. It was recognized as one of Ukraine's top startups in multiple rankings. The company's growth also had a direct impact: it provided business to restaurants (especially small ones) by bringing them customers who might not have come in otherwise. Its focus on reducing wait times resonated with modern consumers' demand for convenience. Notably, Allset survived and adapted through the pandemic - offering features like dine-in ordering via QR code to minimize contact. This nimbleness likely made it an attractive acquisition target. Allset also set an example of transatlantic collaboration: R&D in Ukraine, business development in the U.S., which is a model other Ukrainian startups have since followed. Post-acquisition, the Allset app and brand continue to operate, now with the backing of SoundHound. With voice technology integration, a future use case might be ordering meals by simply speaking to your car or smart device, which could be the next level of convenience Allset helps enable. For Anna Polishchuk and Stas Matviyenko, their success with Allset has cemented them as influential figures in Ukraine's startup community, often mentoring younger founders and investing in new startups. Sources: vestbee.com, kyivpost.com, vcnewsdaily.com.
Sofia, Bulgaria · Startup Allterco Robotics, better known through its flagship Shelly brand, is a Sofia-based smart-home hardware company that designs, manufactures, and sells Wi-Fi-connected relays, sensors, and smart-plug devices that have become one of the most popular prosumer home-automation product lines in Europe. Unlike cloud-locked consumer smart-home brands, Shelly devices are designed around local control, open protocols (MQTT, REST, Matter), and compatibility with open-source home-automation stacks like Home Assistant, which has earned the company a strong following among technical users and installers who do not want their lights and shutters depending on a third-party cloud. Allterco is publicly listed on the Bulgarian Stock Exchange and has expanded significantly into European and North American retail channels. It is one of the most interesting examples of European consumer hardware being built out of CEE and a useful counterpoint to the region's software-heavy tech narrative.
Wrocław, Poland · Startup Composable commerce frontend platform (formerly Vue Storefront), giving enterprise retailers a modular, framework-agnostic storefront stack on top of headless commerce backends. Alokai covers storefront UI, middleware, caching, and integrations with major commerce engines (commercetools, SAP Commerce, BigCommerce, Shopify). Backed by Movens Capital among others.
Sliema, Malta · Startup Altaro is a Sliema-founded backup and data-protection software company best known for Altaro VM Backup, a popular Hyper-V and VMware backup product aimed squarely at the SMB and mid-market segment that was under-served by enterprise tools like Veeam and Commvault. Founded in 2009 by David Vella, the company built a reputation for licensing simplicity, predictable pricing, and an MSP-friendly distribution model that made it a go-to tool for IT service providers managing dozens to hundreds of small-business virtualization environments. In 2021 Altaro was acquired by Hornetsecurity, the German cloud-email-security group, and its product line was folded into Hornetsecurity's broader Microsoft 365 backup and security portfolio — one of the largest software exits ever recorded out of Malta. It is a clean example of how a small-island software team, far from the typical European tech hubs, built an internationally relevant product that ultimately became a strategic asset for a much larger European cybersecurity consolidator.
Bratislava, Slovakia · Startup AltFins is a cloud-based platform for crypto traders to screen, analyze, and trade across multiple exchanges. It provides advanced charting, signals, and portfolio tools used by professional and institutional users. By 2026, AltFins has carved out a niche as a serious trading platform in the crypto analytics market.
Oxford, United Kingdom · Startup Amber Therapeutics is an Oxford-based bioelectronics medtech company developing next-generation implantable neuromodulation devices for pelvic and nervous system disorders such as overactive bladder. Spun out from the University of Oxford, the company combines advanced microelectronics with closed-loop stimulation algorithms that adapt treatment in real time based on patient physiology. Amber has raised funding from deep-tech and life-science investors to advance its platform through clinical development. The company represents a growing wave of UK-based bioelectronic medicine startups tackling chronic conditions with precision device therapies.
Barcelona, Spain · Startup Amenitiz is a vertically integrated SaaS platform — a 'Shopify for hotels' — giving independent hotels and B&Bs a property-management system, website/booking engine, channel manager across 120+ OTAs, embedded payments and dynamic pricing. It serves 15,000+ properties processing €3bn+ in bookings annually.
Berlin, Germany · Startup Amorelie was founded in 2013 in Berlin by Lea-Sophie Cramer and Sebastian Pollok as a sexual-wellness e-commerce brand aimed at mainstream, design-conscious consumers. ProSiebenSat.1 began investing in 2014 and acquired a majority stake in 2015, with the company valued at close to €100M by 2018. Both founders had exited management by 2020, and the business was subsequently sold on to the EQOM Group.
Sofia, Bulgaria · Startup AMPECO is a Sofia-founded SaaS company providing a white-label, hardware-agnostic electric vehicle charging management platform. Founded in 2019, the platform is used by charge point operators, energy utilities, and e-mobility service providers across 70+ markets. In October 2024 the company raised a €24.7 million Series B round to fund international expansion. AMPECO has offices in the USA, UK, France, Netherlands, and Bulgaria.
Paris, France · Startup Ankorstore is a Paris-based B2B wholesale marketplace founded in 2019 that connects independent brands and makers with independent retailers across Europe, handling discovery, ordering, payment terms and logistics. It aims to help local shops compete with large chains and reached unicorn status in 2022.
Krakow, Poland · Startup Answear.com is a Krakow-based online fashion retailer founded in 2011 that sells apparel, footwear, and accessories from over 500 international brands across Central and Eastern Europe. The company operates in Poland, Romania, Hungary, Bulgaria, Czech Republic, Slovakia, and Ukraine, and went public on the Warsaw Stock Exchange in 2021. Answear focuses on mid-to-premium fashion with strong logistics and localization for each market. It has become one of the leading multi-brand fashion e-commerce platforms in CEE, competing with Zalando and About You in the region.
Stockholm, Sweden · Startup Anyfin is a Stockholm-based fintech founded in 2017 that helps consumers cut the cost of their existing loans and credit-card debt by refinancing them at lower rates, using a photo of a statement and data-driven credit assessment. It has expanded from Sweden into Finland, Norway and Germany with a focus on reducing borrowing costs rather than lending more.
Vienna, Austria · Startup Anyline is a Vienna-based computer vision company founded in 2013 that provides mobile OCR and scanning SDK technology, enabling smartphones and tablets to read text, barcodes, IDs, license plates, and meter readings using the device camera. The company serves enterprise clients in energy, logistics, government, and automotive, with deployments in over 100 countries. Anyline has raised approximately $20 million and partners with organizations like the US Department of Homeland Security. It is a standout Austrian deep-tech company that turned on-device AI scanning into a scalable B2B platform.
Ghent, Belgium · Startup Aphea.Bio develops microbial-based biological crop solutions that replace synthetic pesticides and fertilisers — biostimulants, biofungicides, bioherbicides and bioinsecticides — using its proprietary APEXbio™ platform. The technology was spun out of research at Ghent University, KU Leuven and VIB. Co-founded in 2017 by Isabel Vercauteren (CEO) and Steven Vandenabeele, the company raised a €70 M Series C in July 2023 backed by the Bill & Melinda Gates Foundation, SFPIM, BNP Paribas Fortis and Innovation Industries. In 2025 it secured a VLAIO grant to launch its TRANSCEND platform screening 5,000 proprietary microorganism candidates. Aphea.Bio holds B Corp certification and is a Ghent biotech hub anchor.
Prague, Czech Republic · Startup Apify turns the web into an API by providing a platform where developers build and monetize “actors” that extract data from websites. It has become a critical part of the AI data supply chain, powering scraping, monitoring, and automation at scale. The company bootstrapped to profitability before raising capital and maintains a strong open developer ecosystem. By 2026, Apify is a global leader in web automation infrastructure.
Warsaw, Poland · Startup Aptamedica is a Warsaw-based medtech startup developing a real-time, point-of-care therapeutic drug monitoring platform for intensive and critical care. Its core product, AptaSense, is a bedside analyzer that uses single-use, aptamer-based (DNA biosensor) test strips to measure blood concentrations of antibiotics such as vancomycin, gentamicin and amikacin, plus the sepsis biomarker procalcitonin, returning results in roughly one minute from a venous sample — removing the need to send samples to a central lab and enabling immediate, precise dosing.
The platform extends beyond the handheld analyzer: AptaFlow integrates into haemodialysis circuits for continuous real-time drug monitoring, while AptaSoft is an AI-assisted dosing tool aimed at neonatal care. New analytes such as troponin and digoxin are in the development pipeline and can be added via software. Founded by Maciej Łach, Mateusz Fil and Kamil Pawełkiewicz, the company is at prototype stage and has taken part in Polish innovation programmes including Warsaw Booster and the Mother and Child Startup Challenge; no external funding round has been publicly disclosed to date.
Lisbon, Portugal · Startup Independent alternative Android app store and distribution platform with 430M+ users and 1M+ apps, one of the largest Android stores globally, with an AppCoins crypto rewards layer. Founded 2009.
Paris, France · Startup Aqemia is a Paris-based pharmatech company building an AI-driven drug discovery platform that combines quantum-inspired physics and machine learning to generate and prioritise novel drug candidates at scale. Founded in 2019 by quantum physics researcher Maximilien Levesque and former BCG consultant Emmanuelle Martiano, the company aims to design new molecules faster and cheaper than traditional methods. It raised a 60M euro Series A and later a $38M round led by Cathay Innovation in December 2024, bringing total funding past $100 million as it moves toward clinical trials and global expansion, including a London office.
Basel, Switzerland · Startup Araris Biotech is a Basel-based clinical-stage biopharmaceutical company founded in 2020 as a spin-out from the Paul Scherrer Institute and ETH Zurich. The company develops a proprietary antibody-drug conjugate (ADC) linker technology that enables precise attachment of cytotoxic payloads to standard, unmodified antibodies for targeted cancer therapy — unlike conventional ADC approaches that require chemical modification of the antibody itself. This plug-and-play technology gives pharma partners a faster, cleaner path to next-generation ADC cancer treatments. Araris raised a CHF 36 million Series A in 2023 led by V-Bio Ventures, with participation from Novartis Venture Fund and Pfizer Ventures. The company represents Switzerland's strength in precision medicine and its deep integration between academic research institutes and commercially focused biotech.
Berlin, Germany · Startup Arbio Group is a Berlin-based proptech company that operates an AI-native operating system for managing short-term rentals and serviced apartments across Europe. It combines full-stack property management services with technology to automate core operations including dynamic pricing optimisation, guest communication, accounting, and distribution across booking platforms, while keeping human oversight for hospitality quality. The company has grown partly through strategic acquisitions of existing property-management portfolios, and serves property owners and managers across the DACH region and beyond.
Paris, France · Startup Arcads is an AI-powered platform for creating video advertisements, primarily UGC-style ads featuring AI actors and avatars. Users provide a script, choose or customise an avatar, and the platform generates polished video ads with localisation across 30+ languages. It targets performance marketers, direct-to-consumer brands, and marketing agencies. Founded in 2024 by Dylan Fournier and Romain Torres, the company raised a $16 million seed round in December 2025 led by Eurazeo and said it was already profitable, with more than half of its users based in the United States.
Oslo, Norway · Startup Ardoq is an Oslo-based cloud-native Enterprise Architecture SaaS platform founded in 2013. It helps large organisations map, analyse and manage their technology portfolios, enabling data-driven digital transformation decisions. Clients include Carlsberg, Condé Nast and the US Federal Communications Commission. The company raised $125 million in a Series D round led by EQT Growth in March 2022, bringing total funding to $159 million at a $300 million valuation. In 2025 it launched an AI governance module to help enterprises oversee AI adoption risk, and appointed a new Chief Revenue Officer to accelerate North American expansion.
Munich, Germany · Startup Provides software that helps municipalities plan, coordinate and measure climate-protection efforts, integrating energy and emissions data so urban planners can track progress toward climate-neutrality goals. Works with 40+ German cities.
London, United Kingdom · Startup Artificial, operating as Artificial Labs, provides digital broking and underwriting technology for the specialty and commercial insurance markets, with a focus on the Lloyd's of London and global wholesale London market. Its two primary products are Smart Underwriting, a digital underwriting platform helping carriers deploy capital on lead and follow risks, and Smart Placement, placement-strategy tooling for brokers. Reported partners include Apollo, PPL, Lockton, Convex, Chaucer, and BMS Group. Headquartered in London, the company raised a $45M Series B in February 2026 to fund global expansion.
Munich, Germany · Startup ARX Robotics is a Munich-based defence technology company building autonomous mobile robotics and digitalisation platforms for European armed forces, founded by former German Bundeswehr officers. Its products include the Gereon RCS tracked reconnaissance robot, the Hector autonomous wheeled platform, and Mithra OS, a software system for modernising existing military vehicle fleets. The company positions itself around strengthening Europe's technological resilience and sovereignty in defence. In 2025 it expanded its Series A round to a total of 42 million euro, with backers including HV Capital, Omnes Capital, the NATO Innovation Fund, Project A and Speedinvest.
Nicosia, Cyprus · Startup Aseto is a Cyprus-based artificial intelligence startup specialising in speech recognition, speech-to-text technology, and machine learning model development. The company was a gold partner of the Cyprus AI Expo 2026, with its machine learning engineer among the event's confirmed speakers presenting on STT model research. Aseto develops AI-powered voice and audio processing tools targeting enterprise clients and developer teams.
Frankfurt, Germany · Startup asgoodasnew is a Frankfurt-based re-commerce platform specializing in professionally refurbished consumer electronics including smartphones, laptops, tablets, and wearables. Founded in 2012, the company offers devices graded by condition with up to 30-month warranties, providing a trusted alternative to buying new. asgoodasnew handles its own refurbishment and quality assurance processes in-house, differentiating it from pure marketplace models. The company has grown steadily in the German and European market and is part of the broader circular-economy movement alongside Back Market and refurbed, helping reduce electronic waste across Europe.
London, United Kingdom · Startup Aspora, formerly known as Vance, is a cross-border banking and remittance fintech for the Indian diaspora, primarily serving non-resident Indians sending money to India. It offers international money transfers at live mid-market exchange rates, alongside expanding products including currency savings accounts, bill payments, and mutual-fund investing, with further banking, credit, and insurance services planned. The company launched as Vance in Y Combinator's Winter 2022 batch and rebranded to Aspora in April 2025. It is headquartered in London with additional offices in Bengaluru and Dubai.
Strasbourg, France · Startup Develops a patented near-infrared fluorescent coating (NICE) for surgical instruments, letting surgeons visualise tools inside the body during minimally invasive procedures. Spun out of Strasbourg's Laboratory of Bioimaging and Pathologies.
Lausanne, Switzerland · Startup Astrocast is a Lausanne-based satellite IoT company founded in 2017 by Fabien Jordan and Jonas Weiss as an EPFL spin-out and ESA BIC Switzerland resident. The company designs, builds, and operates a constellation of nanosatellites in low earth orbit that provide two-way data connectivity to IoT devices in the most remote locations on Earth — including maritime vessels, agricultural sensors, and remote infrastructure monitoring systems. Astrocast's network eliminates coverage gaps where terrestrial mobile networks cannot reach, enabling clients in agriculture, maritime, utilities, and environmental monitoring to track assets and collect data globally. The company has launched multiple satellites, maintains commercial operations, and is listed on Euronext Growth Oslo, making it one of Switzerland's few publicly traded space startups.
Vilnius, Lithuania · Startup Builds laser optical communication terminals (ATLAS series) for secure space-to-ground, space-to-space and ship-to-ship data links. Selected for NATO's DIANA accelerator and works with the Lithuanian navy.
Rzeszów, Poland · Startup Developing an AI-based multichannel earthquake forecasting system providing predictions at 14-day, 5-day, 3-day and 1-day horizons with magnitude and location estimates. Founded in 2019; completed ESA BIC Poland and raised over €640k.
Yerevan, Armenia · Startup Async is an AI-powered content creation platform for audio and video, rebranded from Podcastle in January 2026. Founded in Yerevan in 2020 by Artavazd Yeritsyan, the platform grew from a podcast recording tool to a unified suite covering studio editing, enterprise content workflows, and a voice API for developers. The company has raised $23.5 million in total, including a $13.5 million Series A in 2024, and counts over one million creators on the platform.
Riga, Latvia · Startup Atlas Aerospace is a Riga-based UAV manufacturer founded in 2015 by Ivan Tolchinsky that produces lightweight reconnaissance drones for military and civilian use. Its flagship drone weighs under 2 kg, is man-portable, and carries a camera for real-time intelligence, surveillance, and reconnaissance. Atlas is a NATO supplier and has delivered over 200 drones to Ukrainian armed forces for battlefield reconnaissance. Beyond defence, the company's systems are used by Norwegian mountain-rescue teams and firefighting services worldwide. Atlas is a member of MilTech Latvia, the national defence industry cluster.
Reykjavik, Iceland · Startup Atmonia is developing a breakthrough electro-catalytic process for synthesising ammonia directly from air, water and renewable electricity at ambient temperature and pressure — with zero carbon emissions. Its precious-metal-free catalyst technology, protected by multiple patents, could disrupt the conventional Haber-Bosch process that accounts for roughly 2% of global CO2 emissions. Founded in 2016, the company has raised $3M in equity alongside $10M in non-dilutive funding from sources including the Icelandic Research Fund, Technology Development Fund and Horizon Europe. Atmonia collaborates with Fujitsu on AI-accelerated catalyst development and leads the EU-funded VERGE project.
Wroclaw, Poland · Startup AtomStore is a Wroclaw-based composable e-commerce platform designed for mid-market and enterprise brands that need flexible storefront, catalog, and omnichannel commerce workflows. The platform supports both B2C and B2B selling scenarios with modular architecture that allows brands to customize checkout, pricing, and integration layers without replacing their entire tech stack. AtomStore serves Polish and CEE retailers looking for a locally built alternative to Shopify Plus or commercetools, with strong support for marketplace integrations and multi-warehouse fulfillment.
Vilnius, Lithuania · Startup Develops Semi-Permeable Capsule and droplet microfluidics partitioning technology enabling multi-step, multi-omic single-cell analysis workflows for research and high-throughput screening.
Athens, Greece · Startup Augmenta is an Athens-founded agriculture technology company that developed a real-time, camera- and AI-based variable rate application (VRA) hardware platform for farming. Its multispectral camera system retrofits onto existing agricultural machinery such as tractors, sprayers and spreaders, processing field conditions on the fly to automatically apply the optimal amount of inputs. The aim is to increase yields and reduce unnecessary chemical and fertiliser usage. In March 2023 Augmenta was acquired by CNH Industrial for $110 million and integrated into CNH's precision-technology portfolio, while retaining operations in Greece and the US.
Poznań, Poland · Startup Autenti is a cloud platform for electronic signatures and digital transaction management, letting businesses and individuals sign, send and manage legally binding documents online. It supports qualified, advanced and simple e-signatures under the EU eIDAS regulation, operating across Poland, Germany, Czechia, Slovakia and Spain.
Warsaw, Poland · Startup Authologic is a unified digital-identity verification platform aggregating hundreds of eID systems to streamline KYC/AML using electronic IDs, NFC document scanning, facial biometrics and liveness detection. It serves financial services, gaming, telecoms and crypto with eIDAS-compliant checks, used over 150,000 times a day.
Berlin, Germany · Startup AUTO1 Group is Europe's leading digital automotive platform, founded in Berlin in 2012 by Christian Bertermann and Hakan Koç. The company connects used car buyers and sellers across Europe through its B2B platform AUTO1.com for trade dealers and its B2C brand Autohero for consumers. Listed on the Frankfurt Stock Exchange since 2021 (ticker: AG1), AUTO1 Group has a market capitalisation of approximately €5.5 billion as of May 2026 and employs nearly 7,000 people.
Nedre Vats, Norway · Startup AutoStore is a Norwegian robotics and warehouse automation company that invented the cube storage system, a high-density automated storage and retrieval technology used by major retailers, logistics providers, and manufacturers worldwide. The system uses robots moving on a grid to retrieve bins from a densely packed cube, dramatically increasing warehouse storage capacity while reducing the physical footprint required. AutoStore went public on the Oslo Stock Exchange in 2021 and serves over 1,250 installations across 50+ countries. The company is one of Norway's most valuable technology exports and a global leader in warehouse robotics innovation.
Kyiv, Ukraine · Startup Subscription talent marketplace founded in Kyiv in 2020 (Y Combinator S21) that matches companies with vetted designers, developers and marketers within 24 hours.
Eindhoven, Netherlands · Startup Axelera AI is a semiconductor and software company headquartered in Eindhoven, Netherlands, founded in July 2021. It develops AI acceleration hardware and software for inference workloads, spanning edge devices and edge servers. Its flagship Metis AI Processing Unit and next-generation Europa AIPU are paired with the Voyager SDK for model deployment, built on the company's proprietary digital in-memory computing and RISC-V dataflow architecture. The company targets sectors including security, manufacturing, retail, and healthcare, positioning its products as high-performance, power-efficient alternatives to GPUs. In March 2025 it was awarded a EuroHPC grant of up to 61.6 million euro for the DARE project.
Budapest, Hungary · Startup Founded by the creator of syslog-ng, Axoflow provides an observability and security-data routing layer for modern SOC teams. The platform helps enterprises filter, transform, and route telemetry intelligently to reduce SIEM cost pressure and improve incident investigation performance.
Dublin, Ireland · Startup Axonista is a Dublin-based interactive video commerce platform that enables global broadcasters, retailers, and brands to build shoppable and interactive TV experiences across streaming devices and the web. Founded in 2010 by Claire McHugh and Daragh Ward, the company powers video commerce for QVC, HSN, WaterBear, and Oxfam, and in 2024 attributed over $750 million in shoppable revenue through its platform. Axonista has made the Deloitte Technology Fast 50 Ireland for three consecutive years and partnered with Vizbee to deliver synced CTV and mobile shoppable experiences.
Leiden, Netherlands · Startup Azafaros is a clinical-stage biotech company developing oral therapies for rare genetic metabolic disorders, including lysosomal diseases. Its lead development strategy focuses on compounds designed to cross the blood-brain barrier and address severe neurological progression in underserved pediatric conditions.
Ghent, Belgium · Startup Azumuta provides a connected-worker platform for manufacturing that combines digital work instructions, quality assurance checklists, skills & training tracking and AI-assisted audits in a single shop-floor system. It replaces paper, spreadsheets and fragmented tools with operator-centric workflows that cut quality incidents and improve productivity. Founded in 2016 by Batis Leman in Ghent, the company raised an €8 M Series A in November 2025 led by Keen Venture Partners and Capricorn Partners. Customers include Atlas Copco, Toyota and Cummins across aerospace, pharma, food & beverage and electronics. Azumuta operates in Ghent and targets European and North American mid-market manufacturers.
Paris, France · Startup Back Market is a leading European marketplace for refurbished electronics, connecting certified refurbishers with consumers looking for affordable, sustainable alternatives to new devices. The platform covers smartphones, laptops, tablets, and other consumer electronics, with quality grading and warranty guarantees. Valued at $5.7 billion after its 2022 Series E, Back Market operates across Europe and the US and is a flagship example of the circular economy model.
Warsaw, Poland · Startup Mobile platform for booking public and private sports facilities, helping players find and reserve courts and pitches. Founded in Warsaw, targeting the growing market for accessible recreational sports infrastructure.
Lisbon, Portugal · Startup Bandora is an AI-powered virtual facility manager that integrates with existing building management systems to optimize energy efficiency, reduce costs, and maintain comfort in commercial buildings. The startup has reported about USD 1M-1.5M in pre-seed/seed backing and won the CTA CEO Summit startup pitch in Lisbon, earning a complimentary exhibit space at CES 2026 in Las Vegas.
Budapest, Hungary · Startup Barion is a Budapest-based licensed e-money institution and payment processor that offers online card acquiring, wallet-based payments, and embedded-payment APIs for e-commerce merchants, marketplaces, and software platforms in the CEE region. Regulated by the Hungarian central bank (MNB) and passported across the EU under its e-money license, Barion is one of the few independent merchant-acquiring alternatives to Stripe, Adyen, and the big international PSPs for merchants that specifically want a Hungarian-language, locally supported, lower-fee payment rail. The company has been growing steadily into neighboring markets and into B2B verticals like iGaming and SaaS, and serves as the local reference for fintech founders who want to understand how small EU markets can build their own regulated payment infrastructure rather than reselling others'.
Warsaw, Poland · Startup BCNN is a Warsaw-based investigative-analytics startup building forensic-grade, AI-powered graph analytics for work on sensitive datasets. Its 'Networks Notebook' engine combines a graph database, a BI engine, GraphRAG, and a swarm of AI agents that build and verify hypotheses — producing source-linked timelines, actor maps, and traceable chains of evidence for fraud detection, OSINT, due diligence, and supply-chain audits. Built for GDPR and EU AI Act compliance, it deploys across cloud, sovereign, on-premise, and fully air-gapped environments, and pairs the platform with a hands-on boutique analytics team. Founded by Michał Domański (CEO) and Paweł Gołąb (CTO).
Aarhus, Denmark · Startup Be My Eyes is a Danish accessibility platform that connects blind and low vision users with sighted volunteers and company support teams through live video calls. Founded in 2015 by Hans Jorgen Wiberg, the app created a global community of millions of volunteers who provide real time visual assistance. The company later added enterprise support partnerships and AI powered visual descriptions. Be My Eyes is a leading example of Danish tech for social impact.
Zurich, Switzerland · Startup Beekeeper is a Zurich-based enterprise software company founded in 2012 by Cristian Grossmann and Flavio Pfaffhauser to build a communication and operations platform for frontline workers — those in manufacturing, hospitality, retail, and logistics who don't sit at a desk. The platform provides a mobile-first digital workspace enabling team messaging, task management, document sharing, and HR workflows for workers without corporate email addresses. Beekeeper raised a Series C in 2021 led by Alpana Ventures with participation from Atomico and Swiss Post, bringing total funding to over $100 million. The platform is used by companies including Marriott, Hilton, and Heathrow Airport, supporting over 1,000 enterprise customers globally. Beekeeper is a flagship example of Zurich's SaaS ecosystem building at the intersection of human capital management and operational technology.
Milan, Italy · Startup Bending Spoons acquires established digital products — apps, platforms, and SaaS tools — then applies AI-driven transformation to dramatically improve their performance. Founded in 2013 by Luca Ferrari and co-founders, the Milan company now owns Vimeo, Evernote, Eventbrite, WeTransfer, AOL, Remini, and StreamYard, among others. Its portfolio serves over 400 million monthly active users and 7 million paying customers. Targeting a $20 billion US IPO in 2026 with projected adjusted EBITDA of $1.4 billion, Bending Spoons has become Italy's most prominent tech success story and the world's most unusual acquirer.
Prague, Czech Republic · Startup Better Stack is a Prague-founded observability platform built by engineers for engineers, led by Juraj Masar (CEO) and Veronika Kolejak (COO). The company is known for combining speed, lower cost, and strong product design in a unified stack that covers uptime monitoring, log management, incident response, and status pages. Its technical positioning emphasizes standard SQL over proprietary query languages and high-performance analytics on ClickHouse-based infrastructure. Better Stack's January 2024 Series A and extension brought total funding to about $28.6M, with Creandum, KAYA Ventures, and Susa Ventures among key investors plus notable angels from Box, Flexport, Neo4j, Yelp, Codecademy, and UiPath. Publicly shared company metrics reported more than 200,000 developers and 4,000+ customers, and by 2026 Better Stack is widely viewed as one of the strongest Czech global DevTools contenders.
Kyiv, Ukraine · Startup Overview: BetterMe is a health and wellness tech company that offers a suite of mobile apps focused on fitness, nutrition, and mental well-being. It provides users with personalized workout plans, meal plans, and lifestyle advice to help them lose weight, get fit, or improve their overall health. BetterMe's flagship app, often just called "BetterMe: Health Coaching," includes features such as short video workouts, diet tracking, and educational content. The company also launched a BetterMe: Mental Health app for meditation and stress reduction, reflecting a holistic approach to wellness. Uniquely, BetterMe tailors its programs to individuals using quizzes and data, making the experience feel custom - for example, a user can indicate their goals and preferences and receive a workout routine and diet plan suited to them. The apps are gamified and use a lot of motivational psychology (for instance, sending encouraging notifications, or featuring success stories) to keep users engaged. BetterMe operates on a freemium model: users can access some content for free but need a subscription to unlock full personalized plans and coaching. With an affordable subscription, it undercuts many traditional weight loss programs, contributing to its massive global user adoption. Founding Story (2016/2017): BetterMe was founded in 2017 in Kyiv, Ukraine by Viktoria Repa, a young woman from a family that struggled with obesity. Viktoria's personal journey - she managed to lose weight despite being told it was hopeless - inspired her to help others do the same using smartphone technology. She joined Genesis, a Ukrainian tech incubator, where she developed the idea for BetterMe. With an initial $5 million support from Genesis Investments to kickstart the project, BetterMe launched its first product focusing on exercise plans. Early traction came via viral content on social media; Viktoria's team leveraged platforms like Facebook and Instagram to attract users with catchy fitness challenges and transformation stories. By late 2017, BetterMe's app reached the top charts in the Health and Fitness category on the App Store in multiple countries. The company smartly expanded into adjacent categories: adding a meal planning app, then merging them into one comprehensive platform. Repa, as a first-time founder, was notable for bootstrapping growth (outside of the initial Genesis funding) - she reinvested revenue from the app back into marketing rather than seeking huge VC rounds. This lean approach allowed BetterMe to scale rapidly without dilution or external pressure, and by focusing on revenue early, it achieved profitability within a couple of years. Product and Target Market: BetterMe's target market is primarily women aged 25-45 worldwide looking to improve fitness or lose weight, though it has users of all genders and ages. The app's content covers home workouts (no equipment needed routines, HIIT, yoga, etc.), diet (with thousands of recipes and even grocery lists), and mental health (meditation, self-love coaching). By bundling these, BetterMe positions itself as an all-in-one "personal coach in your pocket." The product stands out for localization - it offers content in multiple languages and adapts to cultural preferences (for example, meal plans will consider local cuisines). The company also sells BetterMe-branded sportswear and merchandise, tapping into the aspirational lifestyle brand angle. One of BetterMe's innovations was leveraging viral marketing: its social media team produced simple before-and-after animations and relatable memes that drew tens of millions of views. This organic reach translated into app installs at low cost. The app itself capitalized on trends like short 7-minute workouts and challenges (e.g., 28-day weight loss challenge), which kept users engaged daily. With the onset of COVID-19 in 2020, BetterMe saw a surge as people turned to home fitness solutions, and the company responded by launching live workout sessions and more mental health resources. Traction and Users: BetterMe's growth has been explosive. As of 2022, BetterMe had over 110 million users worldwide - an astonishing figure that outpaced many competitors like Strava or Headspace in raw user count. The app consistently ranks among the top health and fitness apps in the U.S., Europe, and developing markets. The company achieved $80 million in annual revenue by 2022, all while remaining profitable. This revenue is largely subscription-driven, demonstrating a strong conversion of free users to paid plans. BetterMe's user base is global: major markets include the U.S. (which often accounts for 30-40% of revenue), Europe, Latin America, and also parts of Asia where affordable fitness coaching is in demand. The app has high ratings on app stores and has been downloaded well over 150 million times cumulatively. BetterMe's team grew to around 200 people by 2022, scaling to support content creation (new exercises, recipes, etc.), customer support, and continuous app development. An important aspect of BetterMe's traction is retention - many users report that the combination of physical and mental health guidance in one place keeps them using it long-term, as opposed to fad diet apps that get uninstalled. Funding and Business Model: Interestingly, BetterMe has been largely bootstrapped after the initial funding. Founder Viktoria Repa raised about $5M from Genesis (which is more of an internal investment from the incubator) and did not seek major external VC rounds afterwards. She cited the relatively underdeveloped VC landscape in Ukraine as one reason, but also the fact that BetterMe was generating enough cash to fuel its growth organically. By avoiding dilution, Repa retained control and the company focused on sustainable growth. The business model is straightforward: subscription revenue from the apps (monthly or annual plans) and some e-commerce sales of merchandise. With tens of millions of users, even a small percentage subscribing translated to substantial income. By 2023, the company was reportedly exploring opportunities for external funding or strategic partnerships to develop new products (like potentially telehealth or personalized coaching services). If it were to raise funds, given its scale and profitability, BetterMe could likely command a very high valuation (some industry observers speculated it could be Ukraine's next unicorn). Achievements and Recognition: BetterMe's success has brought significant recognition. Viktoria Repa, as a young female CEO, was featured in Forbes 30 Under 30 Europe in 2019. Sifted.eu (FT's tech publication) ran a story on how she built a global health app from Ukraine with $80M revenue in 5 years. BetterMe's apps frequently top the "most downloaded" charts, and in 2021 Apple highlighted BetterMe in its App Store success stories. Another achievement: during the war in Ukraine, BetterMe made its apps free for all Ukrainian users to help people cope with stress and stay healthy at home. The company donated a portion of its profits to the Ukrainian army and charities, and even released Ukraine flag-themed workout gear to raise funds. This stance boosted its image as a socially responsible brand. BetterMe also claims that it has helped millions of people collectively lose over 1,000,000 kilograms of weight (per internal metrics), showcasing real-world impact. User testimonials often mention life-changing health improvements, which BetterMe uses (with permission) in its marketing. The company's next milestones include expanding into more holistic healthcare - possibly adding features like consultations with trainers or nutritionists, and integrating wearable data for more personalization. Overall, BetterMe illustrates how a Ukrainian startup identified a massive global need - accessible health improvement - and executed with digital savvy to become one of the world's most popular wellness platforms. It stands as a symbol of Ukraine's emerging strength in consumer tech and the power of combining tech with personal passion to solve widespread problems. Sources: sifted.eu.
Clermont-Ferrand, France · Startup Develops a smart robotic canopy system that protects vineyards from climate hazards — hail, frost, excess heat and heavy rain. Solar-powered actuators deploy a retractable, recyclable fabric over vine rows on demand, controllable remotely.
Warsaw, Poland · Startup Billon Group is a Polish-British DLT fintech that built a regulated distributed-ledger platform for tokenized cash payments, secure document delivery, and digital identity. The company is led by Wojtek Kostrzewa (also an active Polish angel) and has worked with major European banks and corporates on enterprise blockchain pilots. Billon's technology has been certified by EU regulators for handling regulated electronic-money flows.
Naxxar, Malta · Startup Binderr is a compliance and corporate services platform founded in Malta in 2020. Its software automates KYC, KYB, and AML workflows for law firms, accountants, and regulated financial professionals across 180+ countries, combining identity verification, sanctions screening, adverse media checks, and document management in a single tool. Beyond compliance technology, the platform connects businesses to a marketplace of financial, legal, and corporate service providers. Binderr raised a €2 million Seed round in 2024 and maintains offices in Malta, Estonia, the UK, and the UAE.
Vilnius, Lithuania · Startup Synthetic biology company using generative AI to design novel proteins and enzymes from scratch, creating custom biomolecules for industrial, pharmaceutical and biotech applications.
Mainz, Germany · Startup BioNTech is a Mainz-based biotechnology company founded in 2008 by Ugur Sahin and Ozlem Tureci, a husband-and-wife team of immunologists, alongside Christoph Huber. Originally focused on individualized mRNA cancer immunotherapies, BioNTech gained global prominence through its partnership with Pfizer to develop one of the first approved COVID-19 vaccines (Comirnaty), which generated tens of billions in revenue. The company is publicly traded on NASDAQ and continues to invest heavily in its oncology pipeline, infectious disease vaccines, and next-generation mRNA therapeutics.
Paris, France · Startup Bioptimus is the self-proclaimed "Mistral of Biology," spun out in early 2024 by a team of alumni from Google DeepMind and Owkin, including CEO Jean-Philippe Vert. The company is building what it calls the first universal foundation model for biology. Where large language models were trained on text to learn human language, Bioptimus trains on biological data—DNA sequences, protein structures, cellular imagery, and clinical phenotypes—to infer the underlying rules of life. The ambition is not just better predictions but a unified biological reasoning layer that can simulate outcomes before expensive lab work happens.
By 2026, Bioptimus has moved from a research thesis to early commercial traction. After a $41M Series A in 2025, the company released its first commercial model that can predict how a specific molecule will interact with a human cell with unusually high accuracy. This enables in-silico screening that reduces wet-lab costs and improves hit rates for drug discovery. French pharma leaders such as Sanofi have begun using these models to prioritize compounds and compress early-stage discovery timelines. The product value is immediate: fewer failed experiments, faster candidate selection, and deeper mechanistic insight.
Bioptimus' roadmap focuses on "multi-scale biology," connecting the micro level (genomics and proteomics) to the macro level (patient outcomes and clinical data). Rather than being limited to protein folding, the models aim to bridge across data modalities so a genetic mutation can be linked to disease pathways, tissue behavior, and potential therapeutic interventions. This requires data breadth and regulatory trust, and Bioptimus is building a defensive moat through European data sovereignty. It leverages partnerships with European research hospitals and biobanks to access high-quality patient data that is difficult for US competitors to acquire under GDPR constraints. That compliance burden becomes a competitive advantage: safer access, better provenance, and stronger alignment with European health data governance.
The company remains deeply embedded in the Paris ecosystem. It was incubated inside Owkin before spinning out, maintains a presence around Station F, and benefits from the cross-pollination between French AI and biotech communities. Its investor base reflects that positioning: Sofinnova Partners, Bpifrance, Cathay Innovation, Xavier Niel, and Frst provide a blend of life-science expertise, sovereign capital, and deep-tech conviction. In 2026, Bioptimus is the clearest European bet that foundation models can unlock biology at scale—and a contender to become the default AI layer for drug discovery in Europe.
Baku, Azerbaijan · Startup Birmarket (formerly Umico, founded 2019) is Azerbaijan's largest e-commerce marketplace, rebranded in July 2025 as part of PASHA Holding's Bir digital ecosystem. The platform offers over 500,000 products, express 2-hour delivery, 900+ pickup points, and integrated installment financing through Birbank. It operates across electronics, fashion, food, home, and multiple other retail categories.
Bucharest, Romania · Startup Bitdefender is a Bucharest-founded global cybersecurity company providing advanced threat prevention, detection, and response solutions for consumers, enterprises, and managed service providers. Founded in 2001 by Florin Talpes, the company has grown into one of the world's leading cybersecurity vendors, protecting over 500 million systems across 170+ countries with technologies spanning endpoint protection, network security, cloud workload security, and extended detection and response (XDR). Bitdefender's threat research labs are among the most respected in the industry, and the company licenses its detection technology to numerous other security vendors. With over 1,800 employees, Bitdefender is Romania's largest and most globally recognized technology company.
Klagenfurt, Austria · Startup Bitmovin is a video-streaming developer-infrastructure company that provides cloud-based tools for encoding, playing and analysing video, including a VOD encoder, a live encoder, a multi-device player and streaming quality-of-experience analytics. It originated from MPEG-DASH adaptive-streaming research at the University of Klagenfurt, Austria, and its founders were among the co-creators of the MPEG-DASH standard. Serving media and enterprise customers, the company operates dual headquarters in Klagenfurt and San Francisco and has raised venture funding including from Highland Europe, Atomico and Dawn Capital.
Vienna, Austria · Startup Bitpanda is one of Austria's most visible fintech scale-ups and has evolved from a consumer crypto trading app into a broader digital wealth platform. The product now combines access to cryptocurrencies, precious metals, ETFs, and other investment products in a single interface aimed at making investing feel simple for mainstream European users. A major part of Bitpanda's strategic value is not just consumer distribution, but the compliance and infrastructure layer it has built around regulated digital investing. That regulatory posture helped the company move from a retail app narrative toward financial infrastructure, including B2B services that let banks and fintechs offer investing products through Bitpanda's rails. In the European ecosystem, Bitpanda represents the maturation of fintech and digital-asset infrastructure on the continent: not only speculation-led growth, but operational depth around licensing, custody, user onboarding, and cross-border product rollout. Its presence also expands the directory's coverage of companies that sit between retail experience and regulated financial plumbing. That makes Bitpanda a strong reference point for founders and investors tracking how European fintech platforms transition from category breakout into foundational market infrastructure.
Budapest, Hungary · Startup Bitrise is a Budapest-founded mobile CI/CD platform that automates the build, test, and deployment pipeline for iOS and Android applications. The platform enables mobile development teams to ship faster by providing pre-configured integrations, automated testing workflows, and release management tools purpose-built for the complexities of mobile app development. Bitrise has raised over $80 million and is used by thousands of mobile teams including companies like Virgin Mobile, Grindr, and Transferwise. As one of Hungary's most successful developer tools companies, Bitrise demonstrates the depth of Budapest's engineering ecosystem in building infrastructure software adopted by global development teams.
Ljubljana, Slovenia · Startup Bitstamp is one of the oldest continuously operating cryptocurrency exchanges in the world, founded in 2011 in Ljubljana by Nejc Kodrič and Damijan Merlak as a European alternative to Mt. Gox, and the first crypto exchange to obtain an EU-wide payment-institution license via Luxembourg. The exchange became a workhorse for professional traders and corporate treasuries in the early bitcoin era because of its deep order books, straightforward fiat rails, and relatively boring, compliance-first posture compared to more speculative venues. Bitstamp has moved its headquarters structure across Luxembourg, London, and the US over the years but its Slovenian origin and engineering roots remain, and in 2024 Robinhood announced a USD 200 million acquisition to use Bitstamp as the backbone of its European and institutional crypto business — a validating exit that puts Slovenia on the map for globally significant crypto infrastructure. For the directory, Bitstamp is the canonical Slovenian fintech deep-tech story.
Amsterdam, Netherlands · Startup Bitvavo is an Amsterdam-based cryptocurrency exchange founded in 2018 that lets retail and institutional users buy, sell and store digital assets, and is one of the largest crypto trading platforms in the Benelux region by volume. It is registered with the Dutch central bank and has expanded across Europe under the EU's MiCA regulatory framework.
Paris, France · Startup BlaBlaCar is the world’s leading long-distance carpooling platform, often hailed as France’s flagship startup success. Founded in 2006 by Frédéric Mazzella (along with Francis Nappez and Nicolas Brusson), BlaBlaCar was born from Mazzella’s realization that countless car journeys had empty seats. The platform (named after users’ self-described chattyness level – “Bla”, “BlaBla”, or “BlaBlaBla”) connects drivers with spare seats to passengers traveling the same way, so they can share the ride and costs. Today, BlaBlaCar has a 100 million-member community across 22+ countries, serving over 25 million travelers per quarter pre-pandemic. It operates in most of Europe and parts of Latin America and Asia, having successfully localized carpooling in markets like Germany, Russia, Brazil, and Turkey. The company also branched into bus travel: in 2018, BlaBlaCar acquired Ouibus from SNCF, rebranding it BlaBlaBus, to offer intercity bus routes alongside carpool rides. BlaBlaCar’s business model charges a roughly 10–20% booking fee from passengers in mature markets, though in new markets it often launches free to build liquidity. Known for its strong community culture, BlaBlaCar emphasizes trust – it introduced verified profiles, ratings, and even an optional “Ladies Only” carpool option. The company achieved unicorn status in 2015 when it raised $200 million at a $1.6 billion valuation and later was valued around $2 billion. Despite the pandemic’s impact on travel, BlaBlaCar rebounded by 2022, even reporting profitability. In 2023, it raised €100 million in financing to fuel growth. BlaBlaCar is often cited in case studies (Harvard, etc.) as a pioneer of the sharing economy in Europe, proving that a people-powered platform can transform intercity transport. By bringing cost-effective travel to millions and fostering new friendships on the road, BlaBlaCar has truly brought “ridesharing” into the mainstream – and stands as one of Europe’s few consumer-tech unicorns with global reach.
Freiburg, Germany · Startup Black Forest Labs is a German AI research lab focused on generative visual intelligence, describing itself as a frontier lab for models that understand, reason, and act in the world. It is best known for the FLUX family of image generation models, offered via a playground, an API, and open-weights releases on platforms like Hugging Face and GitHub. The FLUX models have been widely adopted across open-source and enterprise platforms. In December 2025 the company raised a $300M Series B at a $3.25B post-money valuation, co-led by Salesforce Ventures and AMP, with participation from a16z, NVIDIA and others.
Bucharest, Romania · Startup Cybersecurity platform for SMEs offering Stingray (compliance-focused corporate VPN) and Bluefin (threat detection and vulnerability management), targeting ISO 27001, SOC 2 and NIS 2 compliance. Raised about EUR 3M.
Tallinn, Estonia · Startup Formerly BotGuard, builds GateKeeper, a reverse-proxy WAF that blocks malicious bot traffic and L7 DDoS for hosting providers and SMBs across 2.3M+ websites. Raised EUR 45M Series B in 2025 led by Dawn Capital.
Warsaw, Poland · Startup Poland's dominant mobile-payment system, launched in 2015 by Polski Standard Płatności — a joint venture of six major Polish banks. BLIK enables in-store, online, ATM and peer-to-peer payments via six-digit one-time codes generated in a banking app, processes billions of transactions a year and has expanded internationally. Led by CEO Dariusz Mazurkiewicz.
Lisbon, Portugal · Startup Residential solar company offering panels, batteries, EV chargers and backup systems via a no-upfront-cost subscription model, aiming to cut household electricity bills by up to 50%.
Berlin, Germany · Startup Blockbrain builds private enterprise AI assistants that connect to internal knowledge tools such as Slack, Notion, Google Drive, and email. The platform creates context-aware internal search and answer workflows to reduce information fragmentation and speed up employee access to institutional knowledge.
Warsaw, Poland · Startup All-in-one operating system for solo educators and small education businesses — tutors, coaches, mentors and admissions consultants. Combines a student CRM, scheduling, payment tracking and a public profile with an AI "digital brain" that turns session notes into prep, follow-ups and a mini-assistant answering student questions. EU-based and GDPR-compliant; free core plan with a paid Premium tier.
Saclay, France · Startup Creates carbon-negative materials using biomineralisation — permanently storing CO2 as a limestone filler derived from cement-industry waste. Founded in 2024 at the LSCE in Paris-Saclay, targeting industrial decarbonisation.
Lisbon, Portugal · Startup Bloop is a Lisbon-based social-commerce startup founded by Francisco Rodrigues (CEO) and João Neves (CTO), both alumni of companies including Amazon, Farfetch, Microsoft and Uber. Conceived in 2022 and formalised in 2024, it operates what it calls the world's first social shopping network — a platform that fuses a product marketplace with the mechanics of a social feed, turning ordinary consumers into paid recommenders.
Users earn wallet credits of up to 10% of a purchase's value for publishing authentic recommendations, and up to 5% commission on referral sales, while sellers gain community-generated exposure instead of paid ads. At its July 2025 public beta the platform carried 200,000+ products from 150+ brands and reported a ~4.5% conversion rate. Bloop has raised about €1.5M in pre-seed capital co-led by Monarque Funds and Insure Broker, including one of Portugal's largest retail crowdfunding rounds, and targeted a €5M seed to expand into Spain and France.
Athens, Greece · Startup Blueground is an Athens-founded proptech company launched in 2013 by Alexandros Chatzieleftheriou that leases, furnishes, and rents apartments for mid-to-long-term stays of one month or more. The company operates in over 30 cities worldwide including New York, London, Paris, Dubai, and Athens, targeting business travelers, relocating professionals, and remote workers who want hotel-like convenience with the space of an apartment. Blueground has raised over $310 million from investors including WestCap, Eurazeo, and VentureFriends. It is Greece's most prominent venture-backed startup and a leading European alternative to traditional corporate housing.
Sofia, Bulgaria · Startup Digital insurance broker offering a marketplace to compare and buy auto, travel, health, life and property policies fully online, plus services like e-vignettes; licensed by the Bulgarian Financial Supervision Commission.
Tallinn, Estonia · Startup Bolt is an Estonia-born mobility superapp operating ride-hailing, micromobility (scooters and bikes), food delivery, grocery delivery via Bolt Market, and car sharing through Bolt Drive. The company reported about EUR 2.0b in revenue in 2024 and has said it is preparing for a potential stock market listing when conditions are favorable. Bolt continues to expand across Europe with a multi-vertical platform built around local operations and logistics density.
Warsaw, Poland · Startup Booksy is a Polish-founded SaaS marketplace for booking personal-care appointments — hair, beauty, barbers, nails, and wellness providers. Founded in Warsaw in 2013 by Stefan Batory and Konrad Howard, Booksy expanded internationally and grew its provider base most rapidly in the US, UK, Spain, and Brazil. Backed by investors including Cat Rock Capital, Sprints Capital, and Piton Capital, the company offers business owners scheduling, payments, marketing, and customer-retention tooling alongside its consumer booking app.
Sandnes, Norway · Startup boost.ai is an enterprise conversational AI platform founded in 2016, headquartered in Sandnes with offices in Oslo, Copenhagen, London and Los Angeles. The company's virtual agents consistently achieve resolution rates above 90%, automating thousands of customer interactions daily for banks, telcos and insurers across the Nordics and beyond. Backed by Nordic Capital private equity, boost.ai is recognised as a Leader in Gartner's 2025 Magic Quadrant for Conversational AI Platforms. Its upgraded voice offering, launched in late 2025, extends the platform into next-generation enterprise voice automation.
Regensburg, Germany · Startup Regensburg-based startup applying neuroplasticity research to music learning, helping adult beginners develop instrumental skills through scientifically-structured daily practice sessions of 20–25 minutes. Its AI adapts lesson pacing to each learner's progress and retention patterns. Raised a €2M seed from HTGF.
Kraków, Poland · Startup Brainly is a Polish-founded edtech that operates a peer-to-peer learning community: students post questions and get answers verified by other learners, educators, and AI. Founded in Kraków in 2009 by Michał Borkowski, Łukasz Haluch, and Tomasz Kraus, the company expanded globally, becoming one of Poland's best-known consumer internet successes. It has raised funding from investors including Naspers, General Catalyst, Point Nine Capital, and Runa Capital, and has incorporated AI tutoring features (Ginny) in recent years.
Wrocław, Poland · Startup Brand24 is a Polish social-media-monitoring SaaS that tracks mentions of brands and keywords across social platforms, news, blogs, and forums. Founded in Wrocław in 2011 by Michał Sadowski (and backed early by LiveChat CMO Szymon Klimczak as an angel), the company serves marketing and PR teams worldwide and went public on the Warsaw Stock Exchange in 2018.
Paris, France · Startup Brevo (formerly Sendinblue) is a Paris-founded marketing automation and CRM platform serving over 500,000 businesses worldwide. Founded in 2012 by Armand Thiberge, the company rebranded in 2023 to reflect its expansion beyond email marketing into a full suite covering email, SMS, chat, marketing automation, sales CRM, and transactional messaging. Brevo has raised over $190 million and competes with Mailchimp and HubSpot in the SMB segment, with a strong emphasis on affordability and ease of use. The company maintains a large London presence and is one of France's most successful B2B SaaS exports.
Stockholm, Sweden · Startup Brickanta is building an AI-native operating layer for early-stage commercial construction planning. The platform interprets drawings, code constraints, and cost data to automate bid analysis and estimation, reducing procurement risk and planning overhead for project owners and contractors.
Dublin, Ireland · Startup AI-powered enterprise legal management platform for corporate legal teams covering legal spend, matter management, invoicing and outside-counsel collaboration. Founded 2014; acquired by Wolters Kluwer in 2025.
Amsterdam, Netherlands · Startup bunq is an Amsterdam-based digital bank founded in 2012 by Ali Niknam, a serial entrepreneur who self-funded the company with EUR 40 million of his own capital. bunq holds a full European banking license from the Dutch Central Bank and offers personal and business accounts with features like multi-currency support, real-time budgeting, automated savings, and fee-free international transfers. The bank has attracted over 12 million users and reached profitability, with a reported valuation of EUR 1.6 billion. bunq differentiates itself through its user-centric philosophy and sustainability focus, planting trees for every EUR 100 spent by users. It is one of the few European neobanks built without initial venture capital backing.
Amsterdam, Netherlands · Startup BUX is an Amsterdam-based fintech founded in 2014 that operates a mobile neobroker, letting retail users across Europe invest in shares and ETFs, often commission-free, through an app aimed at first-time investors. It expanded across several European markets and positions itself as a simple, low-cost gateway to investing.
Madrid, Spain · Startup Cabify is a ride-hailing and urban mobility platform founded in Madrid in 2011, connecting passengers with professional licensed drivers via its app. Operating in Spain and 11 Latin American countries across 40+ cities, it serves both consumers and enterprises with ride, taxi, and delivery services. Backed by Rakuten Capital, Seaya, and Amadeus with $517M raised, Cabify became a unicorn in 2018 at a $1.4B valuation. As of early 2026 the company employs over 4,400 people and differentiates itself from ride-sharing peers through a regulated, professional-driver-only model.
Novi Sad, Serbia · Startup CAKE.com, formerly COING, is a bootstrapped productivity software company founded in Novi Sad in 2009 by Nenad Milanovic. It is best known for Clockify, the world's most widely used free time-tracking app, launched in 2017 and now used by over 5 million users globally including HP and American Express — voted best overall time-tracking app by Forbes. The company expanded its product suite to include Pumble (team messaging) and Plaky (task management), rebranding the family of tools under the CAKE.com umbrella in 2023. The company reached $25M+ ARR entirely bootstrapped without venture capital.
Kraków, Poland · Startup CallPage is a callback and lead-generation SaaS that connects website visitors with sales agents within seconds via an instant callback widget, with automated call scheduling, tracking and CRM integrations for SMB sales teams. Acquired by SaaS Labs in 2022.
Vilnius, Lithuania · Startup Callsy is a Vilnius-based conversational AI startup focused on recovering abandoned e-commerce checkouts for online merchants. The product integrates with Shopify, initiates natural-language voice calls to high-intent shoppers, and follows up with personalized SMS incentives to improve conversion. Its multilingual voice workflows are tailored for cross-border commerce across Europe and beyond.
Cambridge, United Kingdom · Startup Engineering company that designs and licenses precision miniature actuators using patented Shape Memory Alloy (SMA) technology for smartphone camera autofocus/OIS, AR/VR, wearables and medical devices; shipped in 75M+ devices.
Warsaw, Poland · Startup CampusAI is a Warsaw-based generative-AI learning platform that helps individuals and organisations build practical AI skills. Founded in 2023, it delivers educational programmes, AI tools and expert-led training through 3D virtual environments, web applications and in-person sessions, including a skills-training environment called AI Gym. The company reports more than 35,000 trained users.
Stockholm, Sweden · Startup Candela is a Stockholm-based marine technology company founded in 2014 that designs and builds electric hydrofoil boats and ferries, which lift out of the water on computer-controlled foils to cut energy use dramatically and extend the range of electric propulsion. Its models include leisure craft and the P-12 electric passenger ferry, and it aims to eliminate fossil fuels from waterborne transport.
Barcelona, Spain · Startup Caravelo is a travel-tech SaaS company that lets airlines create and manage flight-subscription programmes ('all you can fly') to generate recurring revenue, smooth seasonal demand and improve loyalty, with airline clients including Volaris, Wizz Air and Alaska Airlines.
Reykjavik, Iceland · Startup Carbfix dissolves captured CO2 in water and injects it into basalt rock formations, where it permanently mineralises into solid carbonate stone in under two years. Founded in 2007 as a joint research initiative by Reykjavik Energy, the University of Iceland, CNRS France, and Columbia University's Earth Institute, the company operates at the Hellisheiði geothermal power plant. In 2023 it secured a $117M EU grant and became the first company to receive an EU permit for onshore carbon capture & storage, with capacity for ~106,000 tonnes of CO2 per year. It was a WIPO Global Awards 2025 finalist and partners with Climeworks on the Mammoth DAC plant.
Reykjavik, Iceland · Startup Carbon Recycling International (CRI) designs, licenses and sells its proprietary Emissions-to-Liquids (ETL) process technology for producing green methanol from captured CO2 emissions and green hydrogen. Founded in 2006 and operating at industrial scale since 2012, CRI is globally recognised as a leader in CO2-to-methanol technology. The company raised $30M led by Equinor Ventures and counts Geely, Methanex and Eyrir Invest among its major shareholders. CRI's technology has been deployed in commercial projects in China, including one of the world's most efficient CO2-to-methanol plants built in partnership with Jiangsu Sailboat.
Tbilisi, Georgia · Startup Cardeal is a Tbilisi-based auto marketplace and auction platform that digitizes cross-border vehicle sourcing and trade workflows. The product enables buyers to access international car inventories and live bidding, then manage shipping, customs, and delivery from a unified interface. It grew through the 500 Georgia/Eurasia program and serves regional demand across the Caucasus.
Kraków, Poland · Startup Cardiomatics develops cloud-based AI software that automates reading and interpretation of electrocardiograms (ECG), detecting ~20 heart abnormalities and generating diagnostic reports in minutes. It received European medical-device certification in 2018 and has analysed millions of hours of ECG signals for 700+ customers across 10+ countries.
Berlin, Germany · Startup CarOnSale is a Berlin-based B2B digital marketplace for used-car wholesale trading across Europe. Licensed car dealers and OEMs use the platform to list, appraise, auction, buy, and sell used vehicles to professional buyers. Beyond the auction itself, CarOnSale operates an integrated software ecosystem that bundles ancillary services such as vehicle inspections and reports, logistics and transportation, financing, pricing algorithms with guaranteed pricing, and payment processing, aiming to streamline cross-border transactions between dealers. The company is also Mercedes-Benz's partner for marketing lease returns and demonstration vehicles in Europe.
Vilnius, Lithuania · Startup Application performance automation platform for Kubernetes that automates workload rightsizing, infrastructure scaling, cost optimization and self-healing across cloud environments. A Lithuanian unicorn serving 2,100+ companies.
St. Julian's, Malta · Startup Casumo is a Malta-based online casino and gaming company known for its gamification-driven approach to iGaming, blending adventure-style progression mechanics with traditional casino and sports betting products. Founded in 2012 by Swedish entrepreneurs who established operations in Malta to leverage the island's regulated gaming jurisdiction, Casumo holds licenses from the MGA, UKGC, and other European regulators. The company has built a strong brand around player engagement and UX innovation in a highly competitive market, employing hundreds of people in Malta and serving players across multiple European markets.
Amsterdam, Netherlands · Startup Catawiki is Europe's leading curated online auction marketplace, founded in 2008 in the Netherlands and headquartered in Amsterdam. The platform hosts weekly auctions across more than 80 categories including art, jewellery, classic cars, collectibles, and fashion, with each listing vetted by category experts. Catawiki has served millions of buyers and sellers across Europe and raised €150 million in 2021. In 2026 it opened an additional office in Lisbon, Portugal.
London, United Kingdom · Startup Cazoo was a London-based online used car platform founded in 2018 by Alex Chesterman, the serial entrepreneur behind Zoopla and LoveFilm. The company aimed to bring the Carvana model to Europe, allowing consumers to buy, finance, and have used cars delivered to their door. Cazoo went public via SPAC on the NYSE in 2021 at a valuation of around $7 billion and expanded aggressively into France, Germany, Spain, and Italy. However, rapid cash burn and a cooling market led to a retreat from continental Europe and a delisting from the NYSE in 2024. Cazoo's trajectory became a cautionary tale in European tech about the risks of capital-intensive consumer marketplaces scaling too fast.
Reykjavik, Iceland · Startup CCP Games is the Reykjavik studio behind EVE Online, the long-running sandbox space MMO that has become one of the most culturally distinctive video games ever built in Europe: a single persistent universe shared by all players, with a player-driven economy, alliances, and wars that have produced academic papers and international news coverage. Founded in 1997, CCP effectively bootstrapped Iceland's modern games industry and remains the anchor of Reykjavik's interactive-entertainment cluster. The studio was acquired by South Korea's Pearl Abyss in 2018 but kept its Icelandic operations and brand, and has since expanded into new IP explorations, third-party developer partnerships, and blockchain-adjacent experiments around player-owned assets. For the directory, CCP illustrates how a small European capital can sustain a live-operations games business at a scale usually associated with Tokyo, Los Angeles, or Helsinki.
Warsaw, Poland · Startup CD Projekt is a Warsaw-based video-game holding founded in 1994 by Michał Kiciński and Marcin Iwiński. Its CD Projekt RED studio produced The Witcher and Cyberpunk 2077 franchises, while GOG.com operates a DRM-free PC games store. The company went public on the Warsaw Stock Exchange in 2011 and at peak was Poland's most valuable listed company. Co-founder Michał Kiciński later left day-to-day operations to focus on impact-oriented investing and wellness projects.
Munich, Germany · Startup Celonis is a Munich and New York-based enterprise software company that pioneered the field of process mining – technology that analyzes a company’s IT event logs to visualize and optimize its business processes. Founded in 2011 by three friends (Alexander Rinke, Bastian Nominacher, and Martin Klenk) out of university in Munich, Celonis bootstrapped in its early years and landed Siemens as a key pilot customer for its process analytics tool. The software proved invaluable in identifying inefficiencies in processes like order-to-cash, procurement, and inventory management. By 2015 Celonis was the leader in this niche, and it partnered with SAP which resold Celonis as SAP Process Mining by Celonis. Venture capital soon followed: Celonis raised $27.5M in 2016 (Series A) then $50M in 2018 (Series B). Its growth was massive – from €1M ARR in 2012 to well over €100M by late 2010s. In 2019, Celonis raised $290M at a $2.5B valuation, making it a unicorn. It wasn’t done: by June 2021, Celonis announced a $1B Series D round valuing it at $11 billion, one of Europe’s largest software funding rounds. And in 2022, Celonis reportedly reached a $13B+ valuation, firmly cementing it among Europe’s most valuable private tech companies. The company’s product evolved into the Celonis Execution Management System (EMS), which not only discovers processes but also suggests and implements improvements (sometimes via RPA bots or triggering workflows). Celonis counts thousands of enterprise customers – including Siemens, BMW, Coca-Cola, Uber – and its software helps them save billions by cutting throughput times, reducing errors, and optimizing resource use. With dual HQs in Munich and New York, Celonis has aggressively expanded in the U.S., competing with companies like IBM’s process mining. The firm is also eyeing an IPO; CEO Rinke has mentioned that Celonis is positioning itself for a public listing when market conditions are right. In the meantime, Celonis keeps growing (estimated $400M+ ARR in 2023) and acquiring smaller tech startups to bolster its platform. Celonis epitomizes the success of enterprise software from Europe – deeply technical, essentially creating a new category, and achieving decacorn status within a decade.
Ljubljana, Slovenia · Startup Celtra is a Slovenian adtech company focused on creative automation for digital marketing teams. Its software helps global brands and agencies produce, adapt, and distribute large volumes of campaign assets across formats, channels, languages, and audience variants without forcing design teams to recreate each asset manually. That capability matters because modern digital advertising requires massive variation in size, copy, locale, and targeting logic, and manual production quickly becomes a bottleneck. Celtra therefore sits in a high-value operational layer between creative strategy and campaign execution, helping marketing teams scale output while preserving consistency. In the European startup ecosystem, it is a strong example of B2B software built around workflow automation for brand and media teams rather than around direct media buying. It also connects naturally to localization and consumer-growth companies already in the directory, since multi-market campaigns depend heavily on structured creative production at scale.
Volos, Greece · Startup Develops Internet-of-Crops IoT sensors and AI analytics for post-harvest crop quality monitoring, pest management and food-safety compliance across the agricultural supply chain. Founded 2016.
Warsaw, Poland · Startup Digital credentialing SaaS used by training providers, schools, and enterprises to issue verifiable certificates and digital badges at scale. Certifier handles design templates, automated issuance via API / integrations, and blockchain-anchored verification. Backed by Movens Capital.
Vilnius, Lithuania · Startup CGTrader is a Vilnius-founded online marketplace for 3D models, connecting a global community of 3D designers with buyers who need stock or custom models for gaming, architecture, product visualization, AR/VR, and e-commerce. The platform hosts millions of 3D assets and also operates an enterprise arm that provides managed 3D modeling services for large retailers and brands building digital product catalogs. Founded in 2011 by Marius Kalytis, CGTrader has raised venture funding and grown into one of the leading 3D content marketplaces globally, with strong traction in the US market.
Copenhagen, Denmark · Startup Chainalysis was co-founded in 2014 by Danish entrepreneur Michael Gronager to bring transparency to crypto markets. The company builds blockchain analytics software used by exchanges, regulators, and law enforcement to trace illicit activity and manage compliance risk. Chainalysis grew into a global leader in crypto intelligence, raised major rounds, and built offices worldwide while keeping a Danish engineering footprint. It is one of the most valuable companies with Danish founding roots in the blockchain sector.
Dublin, Ireland · Startup eCommerce intelligence platform that makes brands' products shoppable across retailers via 'Where to Buy' technology, shoppable media and digital shelf analytics. Clients include Philips and Coca-Cola. Founded 2013.
Sofia, Bulgaria · Startup Chaos Group is a Sofia-founded computer graphics company best known for V-Ray, the industry-standard rendering engine used by architects, filmmakers, game developers, and product designers worldwide. Founded in 1997, the company builds physically accurate ray-tracing and real-time visualization technology that powers photorealistic imagery across architecture, visual effects, and automotive design. Chaos products have been used on countless Hollywood films and by leading architecture firms globally. The company was acquired by Enscape in a merger creating one of the largest visualization software groups in the world, but maintains deep roots and major engineering operations in Sofia.
London, United Kingdom · Startup Checkout.com is a London-headquartered payments infrastructure company that provides a unified API for online payment processing, supporting card payments, local payment methods, and payouts across 150+ currencies. The company serves enterprise merchants including Klarna, Coinbase, Sony, and Grab, and was valued at $40 billion at its peak in 2022. Checkout.com competes directly with Adyen and Stripe in the enterprise payments space.
Gzira, Malta · Startup Chiliz is the blockchain infrastructure company behind Socios.com, the world's leading sports fan token platform. Founded in Malta in 2018 by Alexandre Dreyfus through the Mediarex Group and headquartered in Gzira, the company develops the Chiliz Chain blockchain and powers officially licensed fan tokens for over 120 sports organisations including Juventus, Paris Saint-Germain, and FC Barcelona. Fans use tokens to participate in club polls, unlock exclusive rewards, and access digital collectibles. The company has 220+ employees worldwide with 100+ based in Malta, has raised $66 million in a private token sale, and holds full regulatory authorisation from the Malta Financial Services Authority.
Berlin, Germany · Startup Choco is a Berlin-based food supply chain platform founded in 2018 by Daniel Khachab, Rogerio Da Silva Yokomizo, and Julian Hammer. The company provides an AI-powered digital ordering and inventory management platform connecting restaurants with food distributors and suppliers, aiming to reduce food waste across the supply chain. Choco reached unicorn status in 2022 with a $1.2 billion valuation and has raised over $300 million in funding from Bessemer Venture Partners, Coatue, and Left Lane. The platform links over 10,000 suppliers with more than 15,000 restaurants across Europe and North America.
Prague, Czech Republic · Startup Choice provides QR payments and digital menus for restaurants, enabling faster ordering and higher table turnover. The platform is growing quickly across CEE and Eastern Europe as restaurants digitize front-of-house operations. It reduces staffing overhead while giving restaurants richer customer data. By 2026, Choice is a fast-scaling Czech restaurant-tech player.
Nicosia, Cyprus · Startup Chrysalis LEAP is a Cyprus-based accelerator and innovation hub that supports early-stage startups through structured mentorship, workspace, and access to regional investor networks across the Eastern Mediterranean. The programme focuses on technology-driven ventures and helps founders refine product-market fit, build sustainable business models, and connect with corporate partners in sectors like fintech, healthtech, and sustainability. As one of the few dedicated accelerators operating on the island, Chrysalis LEAP plays a critical role in building the local startup ecosystem and retaining entrepreneurial talent in Cyprus.
Speyer, Germany · Startup Speyer-based deep-tech startup building a SaaS platform for green hydrogen production optimisation and virtual power plant management. Its AI-driven platform helps hydrogen producers manage electrolysers, balance supply and demand, and participate in energy markets. Available on the SAP Store.
Dublin, Ireland · Startup Circit is a Dublin-based fintech that provides an independent verification layer for the global audit and financial services industry, connecting auditors directly with banks, financial institutions, and counterparties to validate financial data at source. Founded in 2017, the platform is used by all top 20 global audit networks and spans a verification network of over 30,000 banks and evidence providers. In February 2026, Circit secured $22 million in growth equity led by Ten Coves Capital, bringing total funding to over $31 million.
Paris, France · Startup All-in-one e-learning platform co-built for neuroatypical people (ADHD, dyslexia, autism). It offers structured short learning paths, live workshops, peer communities and a customisable neuro-friendly interface designed to reduce cognitive overload. Incubated by Le Perqo, the Île-de-France inclusion-and-disability incubator.
London, United Kingdom · Startup CityFibre is a full-fiber digital infrastructure scale-up building wholesale fiber networks across the UK. The company partners with ISPs and mobile operators to replace legacy connectivity with gigabit-capable infrastructure that supports residential broadband, enterprise services, and future smart-city and 5G capacity.
Tbilisi, Georgia · Startup Cryptocurrency payment gateway founded in Tbilisi in 2020, enabling merchants to accept payments in multiple cryptocurrencies and settle in USD, EUR, GEL, or TRY. CityPay has onboarded over 600 business partners in Georgia including international hotel chains. The company raised seed funding in 2023 from Presto Ventures and Tether, with Tether subsequently investing an additional $10 million in 2024 as a principal partner.
Galway, Ireland · Startup CitySwift is a Galway-based AI and big data platform that optimises public transport networks, helping operators plan routes, schedules, and resource allocation in real time. Founded in 2016 by Alan Farrelly and Brian O'Rourke, the company's SaaS platform processes over 1 billion passenger journeys per year. Having raised €14.5 million in total funding, CitySwift serves major transport networks across London, Manchester, Birmingham, Belfast, Wales, New York, and is expanding into APAC markets.
Madrid, Spain · Startup Clarity AI is a sustainability-technology platform that uses machine learning and big data to measure the environmental, social and governance (ESG) impact of companies, funds and governments. It serves financial institutions and regulators, covering 70,000+ companies and 400,000+ funds.
Lisbon, Portugal · Startup Class of Wonders is an impact-focused edtech startup building gamified classroom tools and inclusive learning experiences, including language-learning adaptations for migrant children. Through Lisboa Innovation for All, the team presented MAGOS for All, and it has also participated in ecosystem initiatives such as Techstars Startup Weekend in Viseu.
London, United Kingdom · Startup Cleo is a London-based fintech founded in 2016 that offers an AI-powered money assistant delivered as a chat app, helping mostly younger users in the US and UK budget, save, manage debt and improve their financial health through conversational nudges and cash-advance features. It reached unicorn status on the back of rapid US growth.
Nantes, France · Startup Clever Cloud is a French Platform-as-a-Service (PaaS) company founded in 2011 and headquartered in Nantes, enabling development teams to deploy and run web applications with automated scaling and fully managed infrastructure. The company is one of France's leading independent cloud providers and a prominent participant in the European cloud sovereignty movement, operating data centers across multiple European regions. Clever Cloud serves as a Platinum sponsor of Sunny Tech 2026.
Antwerp, Belgium · Startup Antwerp-based platform for Scope 3 supply-chain emissions management that helps companies measure, report, and reduce indirect carbon emissions through collaborative supplier engagement. Focuses on the Food & Beverages sector. 800+ companies share sustainability data through the platform. Raised €3.5M seed led by Expon Capital.
Zurich, Switzerland · Startup Climeworks is one of Europe's most important climate-tech companies because it is building commercial direct air capture systems that remove carbon dioxide from ambient air. The company operates in a category that sits beyond emissions reduction alone: carbon removal infrastructure intended to address legacy emissions and hard-to-abate sectors. Its plants use modular collectors and specialized filters to capture CO2, after which the gas can be permanently stored or used in industrial processes. That combination of chemical engineering, energy systems, project execution, and long-term offtake sales makes Climeworks a very different kind of startup from software-led climate businesses. It is a capital-intensive industrial platform that depends on trust, scientific credibility, and customer willingness to commit to the future carbon-removal market. In the European ecosystem, Climeworks matters not only for its own category leadership, but also because it shows that globally significant climate infrastructure can be conceived, financed, and scaled from Europe. It serves as a benchmark for founders and investors interested in hard-tech and climate infrastructure companies where the technical ambition, funding requirements, and operational complexity are far greater than in conventional SaaS.
Warsaw, Poland · Startup Clinical Trials Information Network, founded in 2023 and headquartered in Warsaw, operates ClinicalTrials.eu, a patient-focused platform that makes clinical trial information across Europe more accessible. It aggregates publicly available data from international trial registries, academic centres, national regulators and commercial sponsors, letting users search trials by disease, drug name or location and access structured patient materials.
Sofia, Bulgaria · Startup CloudCart is a Bulgarian ecommerce-as-a-service platform founded in 2016 by brothers Nikolay and Peter Iliev. The platform enables merchants to build, manage, and scale online stores with built-in marketing automation, multichannel sales tools, and integrated payment and shipping support. CloudCart is backed by Vitosha Venture Partners and reported approximately $3.6 million in annual revenue with over 1,100 merchant customers in 2024. The platform expanded into Romania in 2023.
Warsaw, Poland · Startup Cloudly Studio is a Warsaw-based 3D visualisation studio specialising in interactive product experiences for laboratory equipment and industrial manufacturers. The company helps B2B sales teams replace static catalogues and physical samples with photorealistic 3D configurators and animations, letting buyers explore complex technical products in detail before purchase. Cloudly Studio serves manufacturers who sell capital equipment with long sales cycles — sectors where accurate visual communication significantly shortens the buying process and reduces costly physical demo logistics.
Belfast, United Kingdom · Startup Cloud-native artifact and package management platform providing a single source of truth for packages, containers and ML models across 30+ formats, with supply-chain security and global edge distribution. Founded 2016.
Bratislava, Slovakia · Startup CloudTalk is next-generation call center software built for modern customer support and sales teams. The platform integrates deeply with tools like Salesforce and HubSpot and layers AI-driven analytics on top of every conversation to improve agent performance and sentiment tracking. By 2026, CloudTalk has raised a significant Series B and serves global ecommerce and tech support teams, making it one of Slovakia’s most visible SaaS exports.
Madrid, Spain · Startup Cobee is a Madrid-based digital employee benefits and flexible compensation platform that lets companies offer and employees manage benefits such as meal vouchers, training, health and life insurance, wellbeing and discounts through a single app and card. The company expanded beyond Spain into Portugal and Mexico, serving over 1,500 clients. In 2024 global employee-benefits company Pluxee acquired Cobee, which continues to operate as part of the Pluxee group.
Paris, France · Startup Free French collaborative platform for organising interior-design and home-renovation projects. It centralises inspiration images, product selections with prices, room-by-room budget tracking and delivery management in one place — replacing the usual scatter of Pinterest boards, spreadsheets and chat threads — and lets users share the workspace with a partner or artisan.
Lisbon, Portugal · Startup Automated code-quality and security platform (static analysis, SAST, secret and dependency scanning, AI guardrails) supporting 40+ languages; used by 15,000+ organizations. Founded 2012.
Düsseldorf, Germany · Startup Cognigy is a Düsseldorf-based conversational AI company founded in 2016 that builds an enterprise platform for AI agents and voice and chat automation, letting large organisations handle customer service across phone, chat and messaging channels. Its low-code platform integrates with contact-centre systems and large language models. In 2025 Cognigy was acquired by the customer-experience software company NiCE.
Oslo, Norway · Startup Cognite is an industrial software company focused on turning fragmented operational data into usable, contextualized infrastructure for heavy industry. Its flagship platform, Cognite Data Fusion, connects information from sensors, historians, engineering systems, and industrial applications so operators can build a unified view of assets such as factories, power systems, and offshore installations. That is important because many large industrial businesses still run on disconnected legacy systems that make analytics, automation, and AI deployment slow and expensive. Cognite's value is not simply storing more data in the cloud, but making industrial data understandable enough to support digital twins, predictive maintenance, operational optimization, and safer decision-making. In the European ecosystem, Cognite represents the software layer of industrial modernization, sitting close to sectors like energy, manufacturing, and infrastructure rather than office-centric SaaS. It is therefore a strong complement to climate and industrial hardware companies already in the directory. For founders and investors, Cognite is a useful example of how enterprise software can scale by solving deep system-integration problems in high-stakes physical industries.
Istanbul, Turkey · Startup Fintech ecosystem providing AI-driven credit scoring, micro-credit, BNPL and investment services to consumers, plus B2B Banking-as-a-Service infrastructure for third parties.
Brussels, Belgium · Startup Collibra is a Brussels-founded data intelligence company that became one of Europe's most important enterprise software success stories by focusing on data governance, cataloging, lineage, and trust. Its software helps large organizations understand what data they have, where it came from, who owns it, and whether it can be safely used for analytics, compliance, and AI systems. That function has become significantly more important as companies face growing regulatory pressure around privacy, AI accountability, and internal data quality. Collibra operates in the layer beneath many other modern software workflows: before a company can run serious analytics or train advanced models, it needs confidence in the underlying data estate. That makes the business strategically important to data-heavy industries such as finance, healthcare, and industrial technology. In the European ecosystem, Collibra stands out because it turned a difficult, top-down enterprise problem into a large software platform category. It is a useful addition to the directory because it represents the governance backbone that increasingly underpins other ambitious AI and data companies.
Budapest, Hungary · Startup Colossyan is a Budapest-based generative AI company focused on turning written scripts into professional video content with AI avatars. Its core value proposition is practical enterprise video production rather than entertainment-first experimentation: teams in learning and development, internal communications, sales enablement, and customer education can produce multilingual training or explainer videos in minutes instead of coordinating studios, cameras, actors, and editing workflows. The platform supports scene composition, localization, voice selection, and collaboration features that fit recurring corporate publishing processes, which gives it a stronger operational use case than many general-purpose GenAI tools. In the European context, Colossyan represents the application layer of the region's growing creator-infrastructure stack, especially across Central and Eastern Europe where strong engineering talent has translated into globally relevant AI products. Its positioning also complements audio-first AI companies by handling the visual delivery side of synthetic media. That makes Colossyan a useful addition to the directory because it shows how CEE startups are not only building foundational models, but also creating workflow software that helps enterprises deploy AI in everyday business functions.
Barcelona, Spain · Startup Colvin is a direct-to-consumer flowers and plants marketplace that sources fresh-cut flowers directly from growers and ships them to customers across Spain, Germany and Italy, offering curated bouquets and gifting with shorter supply chains than traditional florists.
Paris, France · Startup Comand AI is a Paris-based defence-tech startup founded in 2023 that builds AI software to support military command and decision-making. Its product, Prevail, helps command-centre officers plan and execute manoeuvres under time and resource constraints, using AI simulations and analysis of operational data to speed up planning. CEO and co-founder Loïc Mougeolle previously spent nearly a decade at Naval Group, and the team includes people from companies such as Palantir and OpenAI as well as the French armed forces. The company raised 8.5M euro in seed funding in December 2024 led by Eurazeo, and has worked with the French and German militaries.
Budapest, Hungary · Startup Commsignia is a Budapest-based V2X (vehicle-to-everything) communications company that builds the hardware, stacks, and testing tools that let cars, road infrastructure, and roadside units talk to each other using ITS-G5 and C-V2X standards — the technology layer that sits underneath cooperative driving, smart intersections, and safety-critical traffic use cases. The company sells DSRC/C-V2X OBUs and RSUs, a protocol stack used by automotive tier-ones, and a conformance-testing toolset that has become one of the most widely adopted quality-assurance environments for V2X implementations globally. Commsignia has partnered with major automotive players, smart-city deployments, and government road-safety programs in Europe and the US, and is one of the most internationally respected examples of a niche but strategically important European deep-tech company built entirely from Hungary. It pairs naturally with AImotive as the 'cars that see each other' half of the autonomy stack.
Lisbon, Portugal · Startup Comudel develops a business operating system that automates workflows, legal contract handling, and AI-assisted financial operations for companies. Founded in 2022, it is associated with Unicorn Factory Lisboa and Instituto Pedro Nunes, operates from The Fintech House in Lisbon, and participated in the SPRINT accelerator focused on compliance and enterprise operations.
Paderborn, Germany · Startup conmeet offers AI workflow automation for SMB craft and construction businesses. It processes inbound messages from channels such as email and chat, drafts responses, supports scheduling, and streamlines quote preparation so teams can reduce office overhead and focus on delivery work.
Berlin, Germany · Startup Contentful is a headless content management system (CMS) that enables enterprises to manage and deliver digital content across websites, apps, and devices via API. Founded in Berlin, the company serves over 4,000 customers including Spotify, Chanel, and Urban Outfitters. Contentful was valued at $3 billion after its 2021 Series F and is one of Europe's most successful developer-tools companies, bridging content management with modern composable architecture.
Paris, France · Startup Contentsquare is a Paris-based digital experience analytics company founded in 2012 by Jonathan Cherki that captures how users interact with websites and apps and turns that behaviour into insights for product, marketing and UX teams. It grew into one of France's most valuable software companies, acquiring rivals such as Clicktale and Heap, and serves thousands of global brands.
Reykjavik, Iceland · Startup Controlant is a Reykjavik-born supply-chain visibility company that combines reusable IoT data loggers, cellular-connected gateways, and a cloud analytics platform to give pharma manufacturers, 3PLs, and retailers real-time temperature, humidity, and location data on every shipment in a cold chain. The company became internationally recognized during the COVID-19 pandemic as one of Pfizer's primary visibility partners for global vaccine distribution, where its devices were used to monitor ultra-cold shipments through long intercontinental routes. Beyond pharma, Controlant's platform is used for food, biologics, and other temperature-sensitive goods, with a commercial model that charges per shipment rather than per device so customers avoid the usual capex headaches of traditional loggers. It is the clearest example of Iceland producing a deep-tech, globally relevant supply-chain platform rather than a pure consumer or gaming play.
Barcelona, Spain · Startup Cooltra is Europe's leading sustainable two-wheel mobility platform, operating fleets of 30,000+ electric mopeds and e-bikes for rental and B2B fleet management across 9 cities in Spain, France, Italy, and Portugal. Founded in Barcelona in 2006 by Timo Buetefisch, Holger Sprengel, and Henrik Sprengel, it has scaled to €60M+ in annual revenue with positive EBITDA and 3M+ registered users. In October 2025 Cooltra acquired rival Kleta after its insolvency, consolidating Spain's e-moped market. The company partners with BMW Motorrad for fleet supply and operates its own charging & maintenance infrastructure.
Porto, Portugal · Startup IoT data-pipeline platform built on MQTT, offering a managed broker, browser-based control hub, multi-protocol routing and the Language of Things scripting layer for real-time device integration.
Copenhagen, Denmark · Startup Corti is a Copenhagen-based AI company founded in 2016 that initially gained recognition for building real-time AI assistants for emergency call centers, helping dispatchers detect cardiac arrests and other critical conditions during 112/911 calls. The company has since expanded into broader healthcare AI infrastructure, providing clinical documentation, medical coding, and workflow automation tools for hospitals and health systems. Corti's models are trained on millions of patient interactions and support clinicians in making faster, more accurate decisions. The company is one of Denmark's most prominent healthcare AI startups.
Milan, Italy · Startup Cortilia is Italy's leading farm-to-home e-grocery platform, connecting consumers directly with small and medium Italian producers — sourcing fruit, vegetables, meat, dairy, and artisan products from vetted farms and delivering across Lombardy, Emilia-Romagna, Piedmont, and six other regions covering 800+ municipalities. Founded in Milan in 2011 by Marco Porcaro, Cortilia has raised €53 million and became a certified B-Corp in 2022 following construction of a LEED Gold-certified green headquarters. Targeting EBITDA breakeven in 2026 and full-year profitability by 2027, the company carries a 2,500-product catalog with a strong focus on sustainability and local supply-chain traceability.
Warsaw, Poland · Startup Cosmose AI is a Polish-founded retail-AI company that predicts offline shopping behavior for hundreds of millions of consumers across Asia and integrates with on-device advertising and rewards platforms. Founded by Miron Mironiuk in Warsaw, the company has raised funding from international investors including Tim Draper, Tencent, and Polish operator-angels Brent Hoberman and Paweł Kastory.
Sofia, Bulgaria · Startup Cloud FinOps and governance SaaS that helps enterprises monitor, govern and optimise spend across Google Cloud, AWS and Azure using automated recommendations and AI-driven insights.
Lisbon, Portugal · Startup Coverflex is a Portuguese startup that builds a compensation management platform bringing together every part of employee compensation beyond salary, including flexible benefits, insurance, meal allowance and exclusive discounts in a single product. Employees manage their benefits, meal allowance, insurance and discounts through the Coverflex app and card, and can direct part of their balance toward savings products. Founded in 2019, it operates across European markets including Portugal, Italy and Spain. In February 2023 it raised a €15 million Series A round to support its European expansion.
Nicosia, Cyprus · Startup Covve is a Nicosia-based SaaS company, founded in 2013, that provides a business card scanning and personal CRM platform for professionals and teams. The platform allows users to capture leads by scanning business cards, event badges, and digital profiles, then sync contacts to major CRM systems including Salesforce and HubSpot. Covve serves over 2 million users across 130+ countries in 16 languages. The company is headquartered at Lordou Vyronos, Nicosia.
Amsterdam, Netherlands · Startup Cradle is an Amsterdam-based biotech startup using generative AI to accelerate protein engineering. Founded in 2021 by former Google DeepMind researchers, the platform enables scientists to design and optimize proteins for therapeutics, vaccines, enzymes, and novel materials far faster than traditional methods. Cradle raised over $33 million, including a Series A led by Index Ventures, and works with pharmaceutical and industrial biotech customers globally. The company sits at the intersection of machine learning and life sciences, representing one of Europe's most promising AI-for-biology plays.
Kyiv, Ukraine · Startup No-code platform for CRM and business process automation with AI-native workflow tools. Founded in Kyiv, it reached unicorn status in 2024 after a $200M round at a $1.2B valuation.
Amsterdam, Netherlands · Startup Creative Fabrica is an Amsterdam-based marketplace for digital design assets founded in 2016, offering fonts, graphics, craft designs, and premium content for designers and crafters worldwide. The platform hosts over 20 million listed products from more than 20,000 active designers, and attracts over 40 million monthly page views. The company has expanded into AI-powered creative tools through its Studio AI suite. Peak Capital led the company's Series A in 2021.
Warsaw, Poland · Startup Cropler, founded in 2023 and headquartered in Warsaw, develops a portable digital agronomy system that delivers real-time field insights through smart agri-cameras and soil sensors. It pairs on-field hardware with a web-based analytics platform to monitor plant health and soil conditions, helping farmers track phenophases, detect diseases early and act on AI-based recommendations. Cropler reports its devices are used in 25 countries.
Dublin, Ireland · Startup Cubic Telecom, which rebranded to Cubic³ in April 2025, is a Dublin-based provider of software-defined vehicle connectivity. It supplies internet-connected software and a global connectivity platform that gives vehicles and other IoT assets compliant, built-in cellular connectivity across many markets, using agreements with mobile network operators worldwide. It serves automotive, agriculture and transportation OEMs, with named customers including Volkswagen, Audi and General Motors. In December 2023 SoftBank Corp. agreed to acquire a 51 percent majority stake for €473 million, valuing the company above €900 million.
Bratislava, Slovakia · Startup CulturePulse builds AI systems that create “digital twins” of societies to model social dynamics and predict conflict or messaging resonance. Initially used in defense and security contexts, the technology has expanded into brand and marketing testing for large enterprises. By 2026, CulturePulse holds a unique position at the intersection of social science, AI, and strategic forecasting.
Tuebingen, Germany · Startup CureVac is a biopharmaceutical company based in Tuebingen, Germany, founded in 2000 as a pioneer in mRNA technology. The company was one of the earliest to explore messenger RNA as a therapeutic platform, long before mRNA became a household term during the COVID-19 pandemic. While its first-generation COVID vaccine candidate underperformed in clinical trials, CureVac pivoted to next-generation mRNA technologies and partnered with GSK on a second-generation COVID vaccine and other infectious disease programs. The company is publicly traded on NASDAQ and continues developing its proprietary mRNA optimization platform.
Helsinki, Finland · Startup CurifyLabs is a Helsinki-based HealthTech company automating the production of personalised medicines. Its Compounding System Solution combines proprietary software, GMP-manufactured excipient bases, and 3D-printing hardware (including the PharmaPrinter Aurum) to let pharmacies compound and dispense custom-dosed medications up to nine times faster than manual methods. Founded in 2021 by Charlotta Topelius and Niklas Sandler — a professor of pharmaceutical technology at Åbo Akademi University with over a decade researching automated compounding — the company's technology is already in use across pharmacies in 21 U.S. states and multiple European countries. In July 2026, CurifyLabs closed a $14 million Series A, co-led by Sandwater and HealthCap with participation from Tesi (Finnish Industry Investment Ltd.) and existing investor Lifeline Ventures, to expand its compounding platform.
London, United Kingdom · Startup Cross-border payments and multi-currency API infrastructure for banks, fintechs and FX brokers. Acquired by Visa in 2021 but still operates its own standalone brand and website.
Cambridge, United Kingdom · Startup CuspAI is a frontier AI company building a generative-AI search engine for materials that accelerates the discovery and design of new molecules and engineered materials. Users specify desired properties (for example, selective CO2 binding for carbon capture), and the platform generates, evaluates, and optimises synthesisable candidate structures. It combines generative foundation models, deep learning, and molecular and scientific simulation, targeting applications across carbon capture, water purification, energy storage, catalysis, and industrial chemistry. The company was co-founded in 2024 by Dr Chad Edwards (CEO) and Prof Max Welling (CTO), and is headquartered in Cambridge.
Prague, Czech Republic · Startup Cyrkl is a circular-economy marketplace described as “Tinder for industrial waste.” It enables factories to sell scrap materials such as plastics or metals to recyclers instead of landfilling them. The platform improves pricing transparency and accelerates reuse of materials across industrial supply chains. By 2026, Cyrkl is a recognized circular-economy player in CEE with growing cross-border adoption.
Como, Italy · Startup D-Orbit is an Italian space infrastructure company focused on in-orbit transportation and services for satellites. Its best-known product line is built around orbital transfer and deployment: rather than leaving smaller satellite operators constrained by the primary mission of a launch vehicle, D-Orbit helps place payloads into more precise target orbits after launch. That changes the economics and flexibility of access to space for customers who need better control over deployment profiles. The company also reflects a broader trend in European deep tech, where success increasingly depends on integrating hardware, software, mission operations, and long sales cycles into a single commercial platform. D-Orbit therefore matters beyond aerospace alone. It shows that European startups can participate in the frontier infrastructure layer of the space economy instead of limiting themselves to downstream software or research projects. In this directory, D-Orbit helps extend coverage into spacetech and aerospace logistics, while also connecting naturally to the ecosystem's support organizations, accelerators, and cross-border industrial networks that often help hard-tech companies reach early validation and partnerships.
Copenhagen, Denmark · Startup DANTE Fusion ApS is a Denmark-based fusion company developing compact tokamak systems as high-flux neutron sources for industrial and medical applications. The company targets near-term deployment to address critical shortages in medical isotope production and fusion-relevant materials testing. As a spinout from the Technical University of Denmark, DANTE Fusion focuses on engineering and system integration to deliver practical neutron infrastructure.
Cambridge, United Kingdom · Startup Darktrace is a cybersecurity company founded in 2013 in Cambridge by mathematicians from the University of Cambridge alongside former intelligence professionals. The company pioneered the use of self-learning AI for cyber defense, modeling the immune system to detect novel threats and anomalous behavior across enterprise networks, cloud, email, and operational technology. Darktrace listed on the London Stock Exchange in 2021 and was later acquired by Thoma Bravo in 2024 in a deal valuing the company at approximately $5.3 billion. Its products serve over 8,000 organizations globally.
Solingen, Germany · Startup Dash0 is an OpenTelemetry-native observability platform for software engineering teams. Because it is built directly on the open OpenTelemetry standard, it ingests logs, metrics, and distributed traces from any stack, vendor, or environment without requiring proprietary agents, positioning this openness as a way to avoid vendor lock-in. The product covers application and infrastructure performance monitoring, log management with filtering and search, distributed tracing, and Kubernetes monitoring. It was founded by Mirko Novakovic, who previously founded the observability company Instana.
Nice, France · Startup Builds eco-friendly data centres using direct chip liquid cooling and hermetic server enclosures, recovering up to 98% of waste heat for building heating or grid re-injection. Cuts data-centre CO2 emissions by up to 82% while reducing energy costs.
Paris, France · Startup Dataiku is an enterprise AI platform that enables data teams to collaboratively build, deploy, and manage machine learning and analytics projects at scale. Founded in Paris and now also headquartered in New York, Dataiku serves over 500 enterprise customers including Unilever, GE, and Sephora. The platform bridges the gap between data scientists, analysts, and business users, and was valued at $3.7 billion after its 2022 Series F round.
Tbilisi, Georgia · Startup Enterprise data platform startup founded in Tbilisi in 2021, offering the Unistream product — a data warehouse, automated reporting, and AI-assisted analytics suite aimed at the financial sector. DataMind is used by approximately 70% of banking organisations in Georgia and is backed by 500 Global. The company is targeting expansion into the Baltic states, Eastern Europe, and Central Asia.
Prague, Czech Republic · Startup Data, IoT and AI company building custom and pre-made machine-learning solutions for industrial clients in agriculture, manufacturing, biotech and foodtech, with a team of 80+ across Prague and Brno.
Amsterdam, Netherlands · Startup DataSnipper is an Amsterdam-based software company that develops an intelligent automation platform, delivered largely as an Excel add-in, which uses AI to extract, cross-reference and validate data from documents for auditors and finance teams. It became a unicorn in 2024 after a 100 million dollar funding round led by Index Ventures and is used by audit firms and finance departments worldwide.
Copenhagen, Denmark · Startup Dawn Health develops regulated software-as-a-medical-device products with pharmaceutical and life-science partners. The company builds digital therapeutics and companion applications for adherence, remote monitoring, and real-world clinical data capture in regulated settings.
Prague, Czech Republic · Startup Daytrip provides door-to-door private car transfers between cities, pairing long-distance travel with local driver-guides. The model serves tourists who want flexible, comfortable intercity travel without the hassle of trains or buses. The company is profitable and has expanded globally, including the US and Asia. By 2026, Daytrip is a recognized Czech travel-tech export.
Ljubljana, Slovenia · Startup DDD Invoices is a Ljubljana-based API-first compliance platform that lets software vendors, ERPs, accounting tools, and marketplaces emit fully compliant e-invoices and fiscal reports across dozens of jurisdictions through a single integration. The product abstracts country-specific formats (Peppol BIS, FatturaPA, UBL, FacturX, SAF-T, FA_VAT and others), government clearance flows, digital signing requirements, and archival rules, so the customer team does not have to track the dozens of overlapping mandates that the EU's VAT in the Digital Age (ViDA) agenda is phasing in. The company's bet is that mandatory structured e-invoicing across the EU between 2026 and 2030 turns what used to be a back-office nice-to-have into a default requirement, and that most vertical SaaS builders would rather buy than build that compliance layer. It is one of the clearest examples of a Slovenian B2B SaaS built directly against upcoming European regulation.
Riga, Latvia · Startup Dealita.ai is an AI-powered deal-flow management platform that automates the screening and initial evaluation of inbound investment opportunities for venture capital and private equity funds. Its algorithms process pitch decks and company data to perform initial filtering and scoring against investor-defined criteria, reducing manual triage workload. Dealita won the Startup of the Year 2024 award in Riga.
Dublin, Ireland · Startup AI-powered digital pathology company pairing artificial intelligence with a global network of expert pathologists. Its Diagnexia (clinical) and Patholytix (preclinical) platforms speed diagnosis and ease the pathologist shortage. Founded 2017.
Prague, Czech Republic · Startup Cloud-native no-code/low-code business rules engine (BRMS) for decision automation in pricing, credit scoring, claims, fraud and data validation; processes 100M+ decisions daily for clients in 30+ countries.
Munich, Germany · Startup DeepDrive is the Munich startup that convinced major automakers to rethink the electric motor itself. Its core innovation is a patented dual-rotor motor architecture. In a traditional motor, a single rotor spins inside a fixed stator. DeepDrive's design spins both the internal and external rotor simultaneously, delivering higher torque density and substantially better efficiency. The practical outcome is compelling: EVs can achieve roughly 20% more range with 50% less motor weight, while reducing bill-of-materials costs.
By 2026, DeepDrive has moved beyond impressive prototypes to industrialization. The company has reportedly secured series nominations with eight of the top ten global automakers for platform launches in 2028–2029. That level of OEM validation is rare at this stage and signals confidence in both the performance and manufacturability of the design. The company is now focused on building automated production lines in northern Munich to scale output for fleet testing and pre-series runs.
A particularly strategic application is the in-wheel motor. Because the dual-rotor unit is compact and lightweight, it can fit inside the wheel hub, freeing up interior volume and enabling fully flat skateboard platforms. That creates new possibilities for autonomous shuttles and urban delivery vehicles where maximizing passenger or cargo space is paramount. It also allows for advanced vehicle dynamics such as torque vectoring without complex drivetrain components, improving both safety and handling.
DeepDrive is a classic spin-out from the UnternehmerTUM ecosystem at TU Munich, with early validation support from the XPRENEURS incubator. Its investor base blends strategic automotive capital with deep-tech venture funding: Leitmotif led the Series B, BMW i Ventures provides rare early-stage OEM participation, Continental's corporate VC is a strategic partner for braking and chassis integration, and UVC Partners and Bayern Kapital anchor local support. In 2026, DeepDrive is one of Europe’s most promising hardware deep-tech bets: a motor breakthrough with clear OEM pull, manufacturability momentum, and the potential to reshape EV platform design.
Zurich, Switzerland · Startup DeepJudge is a Zurich-based legal AI company founded in 2021 by AI researchers who met while completing PhDs at ETH Zurich. Its platform provides intent-driven, retrieval-first enterprise search across a law firm's internal document repositories and data sources such as SharePoint, OneDrive and document management systems, enabling permission-respecting access to institutional knowledge before generating AI responses. The product supports multi-document analysis and LLM-powered workflows for legal teams. Reported customers include Freshfields, Holland & Knight, Gunderson Dettmer and Homburger, and the company maintains teams in the United States and Canada.
Cologne, Germany · Startup DeepL is a Cologne-based AI translation company founded in 2017 by CEO Jarosław Kutylowski. Renowned for its neural machine translation quality, DeepL quickly surpassed competitors in accuracy and nuance. The company’s cloud platform serves over 100,000 business and government customers worldwide, including enterprises like Zendesk and Deutsche Bahn. DeepL achieved unicorn status in 2023 with a €1 billion valuation and continued to grow explosively – by early 2025 it had raised $410 million (led by investors like Index Ventures and Atomico) and reached a $2 billion valuation. In late 2025, reports emerged that DeepL is considering an IPO amid surging revenue, which doubled year-on-year to $185 million in 2024. DeepL’s core product is an AI-driven translator supporting 30+ languages, used for real-time document and content translation. The firm also launched DeepL Write to improve monolingual writing and an AI Agent to automate business tasks. As of 2025, DeepL is recognized as one of Europe’s premier AI startups, combining cutting-edge NLP research with a fast-growing SaaS business. The company’s success – valued at $2 billion and poised for a public offering – underscores Europe’s strength in deep-tech innovation.
Prague, Czech Republic · Startup Deepnote is a collaborative, browser-based data notebook often described as “Figma for data scientists.” It enables teams to explore data, build analyses, and share results in real time without the friction of local environments. By 2026, it is a default tool for modern data teams and has significant traction in the US market. The company is a Czech-born SaaS success story with global adoption.
Athens, Greece · Startup Maritime AI company building vessel-performance optimization and semi-autonomous shipping software (Cassandra, Pythia) to cut fuel use and emissions. Founded 2017, acquired by Japan's Nabtesco in 2023.
Berlin, Germany · Startup deepset is a Berlin-based AI company founded in 2018 that helps enterprises build custom natural-language and LLM applications. It created Haystack, a widely used open-source framework for retrieval-augmented generation and LLM pipelines, and offers a commercial enterprise platform on top of it for building production AI agents and search systems.
Warsaw, Poland · Startup DefendEye is a Kraków-based deep-tech startup building fully autonomous, AI-powered tube-launched UAV systems for dual-use perimeter security and defence. Founded in 2023 by serial entrepreneur James Buchheim with a multinational team, its core product is a sub-250g drone stored in a sealed launch tube that deploys in under ten seconds via motion-triggered radar — with no trained pilot — climbs to altitude, performs AI human detection in milliseconds, and streams encrypted video to a cloud command centre before returning autonomously.
The system is dual-use by design: civilian applications cover search-and-rescue and critical-infrastructure inspection, while security variants address perimeter breaches, border surveillance and active-shooter response. With an IP65 airframe, night-vision camera, onboard neural processor and optional Starlink connectivity, DefendEye targets NATO-facing procurement and is building an NDAA-compliant supply chain. It raised ~PLN 4.8M (~€1.1M) in a May 2025 seed round led by Polish deep-tech VC Hard2beat with Sunfish Partners, to finalise its commercial product and begin EU and US certification.
Warsaw, Poland · Startup Defguard is a Warsaw-based open-source cybersecurity company building the only enterprise VPN platform that embeds multi-factor authentication natively at the WireGuard protocol level, closing the gap between network access and identity that standard WireGuard deployments leave open. The fully self-hosted platform unifies VPN connectivity, identity and access management, SSO (Google Workspace, Microsoft Entra ID, Okta, LDAP, Active Directory), firewall policy orchestration and SIEM integration in a single Rust-built stack that customers run entirely on their own infrastructure — with no third-party cloud dependency and no US CLOUD Act exposure, supporting GDPR, NIS2, HIPAA and ISO 27001 compliance.
Defguard spun out of teonite, a Polish software venture builder co-founded by CEO Robert Olejnik, and was publicly released on GitHub in May 2023 under an AGPL licence; its open-source core has gathered around 2,700 GitHub stars, with enterprise features under a commercial licence. In May 2025 it raised €1.2M (PLN 5.2M) in a pre-seed round led by Polish VC Hard2beat, with SMOK Ventures, S20 Team and cybersecurity firm ISEC, plus angels including Łukasz Jesis (Xopero). Version 2.0, released in April 2026, re-architected the platform with high availability and built-in SSL termination.
Barcelona, Spain · Startup AI-powered asset performance management ('virtual engineer') platform for wind, solar, hydro and battery storage assets. Global HQ in Barcelona. Raised about EUR 6.3M in 2024.
Ghent, Belgium · Startup Deliverect provides omnichannel digital ordering infrastructure for restaurants and food retail, integrating 1,000+ third-party platforms — Uber Eats, DoorDash, Deliveroo — directly into point-of-sale systems, with tools for menu management, fleet dispatch, loyalty and in-store kiosks. Founded in 2018 in Ghent by Zhong Xu, Jan Hollez, Jelte Vrijhoef and Jerome Laredo, the company reached unicorn status in January 2022 after a $208 M Series D at a $1.4 B valuation. Total funding exceeds $332 M from Coatue, DST Global and Redpoint. Deliverect now serves 96,000+ locations across 52 countries including KFC, Burger King and Chipotle.
London, United Kingdom · Startup Deliveroo is a London-based food delivery platform founded in 2013 by Will Shu and Greg Orlowski. The company connects consumers with restaurants, grocery stores, and convenience retailers through its app and rider network. Deliveroo went public on the London Stock Exchange in March 2021. The company operates across the UK, Europe, Asia, and the Middle East, and has invested heavily in its Editions dark kitchen network and its advertising platform for restaurant partners. Deliveroo competes with Uber Eats and Just Eat in its core markets and serves millions of consumers monthly.
Berlin, Germany · Startup Delivery Hero is a Berlin-based global online food ordering and quick-commerce company founded in 2011 and listed on the Frankfurt Stock Exchange since 2017. The company operates food delivery platforms in more than 70 countries under local brand names and employs over 40,000 people globally. As of May 2026, Delivery Hero has a market capitalisation of approximately €13.7 billion and Uber has increased its stake to 19.5%, though no completed takeover has occurred. Delivery Hero is one of Europe's largest publicly listed tech companies.
Warsaw, Poland · Startup Web3 execution layer that lets developers embed multi-chain token swaps and bridges directly into their applications through a single unified API. Execution runs on transparent, auditable smart contracts, with composable components developers integrate only as needed and a partner portal for fee monetization. Built by Delora Labs.
Warsaw, Poland · Startup Sales enablement platform for B2B SaaS teams to build interactive product demos and personalised storylines without engineering help. Sales and marketing teams use Demoboost to accelerate pipeline, shorten sales cycles, and scale product-led-growth motions. Backed by Movens Capital.
Budapest, Hungary · Startup EHS&S compliance software provider spun out of EY Denkstatt in 2021, offering a cloud platform for environment, health, safety, ESG and CSRD reporting used by 500+ companies across 30 countries.
London, United Kingdom · Startup Depop is a social commerce marketplace for buying and selling secondhand fashion, popular among Gen Z users. Founded in London and acquired by Etsy in 2021 for $1.6 billion, Depop combines social-media-style profiles and feeds with peer-to-peer transactions. The platform has over 30 million registered users and is a leading player in the circular fashion economy.
London, United Kingdom · Startup Deep-tech company using Deep Eutectic Solvents — non-toxic, low-energy salts — to recover critical and precious metals from e-waste and industrial waste via a modular, distributed platform. Backed by EU Horizon, EIC Accelerator, SPRIND, Innovate UK and a Mitsubishi partnership.
Bucharest, Romania · Startup Bucharest-based AI platform that provides a context layer for enterprise software development, generating production-ready applications aligned to a company's existing design systems, architecture standards, and internal documentation. Upgraded EUROCONTROL's legacy software in six weeks instead of six months. Raised $5.5M seed from Begin Capital and Gapminder VC.
Stockholm, Sweden · Startup Detectify is a Stockholm-based cybersecurity company founded in 2013 that offers an external attack surface management and web-vulnerability scanning platform, powered by a crowdsourced community of ethical hackers whose findings are automated into its product. It helps security teams continuously discover and monitor their internet-facing assets for weaknesses.
Madrid, Spain · Startup Devo is a cloud-native security data platform that replaces legacy SIEM with real-time analytics, SOAR, and AI-driven behavioral analytics. Founded in Madrid in 2011 as Logtrust, it rebranded to Devo and expanded globally with headquarters now in Cambridge, Massachusetts and its European hub in Madrid. The platform serves enterprise security operations centers with ThreatLink automated alert triage and Behavior Analytics AI models. Devo has raised $481M in total funding, including a $100M Series D from Georgian, Bessemer, and Insight Partners, and holds a US Air Force SIEM contract worth $9.5M.
Warsaw, Poland · Startup Technical skills assessment platform used by enterprise engineering teams to screen, interview, and upskill developers with real-world coding tasks. Pivoted in recent years toward developer skills management and internal capability mapping alongside hiring. Backed by Movens Capital.
Wallingford, United Kingdom · Startup Dexory is a UK-based warehouse intelligence company that combines autonomous mobile robots with AI software to give logistics operators real-time visibility into their inventory. Founded in 2015 as BotsAndUs, it rebranded to Dexory in November 2022 after pivoting toward warehouse inventory intelligence. Its purpose-built robots autonomously scan warehouses and feed data into the DexoryView cloud platform, which builds real-time digital twins of facilities for inventory tracking and operational optimisation. The company serves sectors including third-party logistics, retail, manufacturing, and air cargo, and is headquartered in Wallingford, Oxfordshire.
Lausanne, Switzerland · Startup Distalmotion develops Dexter, a hybrid robotic surgery platform intended to make robotic-assisted minimally invasive procedures more accessible to a broader hospital base. The system allows surgeons to move between robotic and laparoscopic workflows during operations to improve flexibility and operating-room integration.
Copenhagen, Denmark · Startup Dixa is a Danish customer engagement platform that unifies phone, email, chat, and messaging into one support workspace. Founded in 2015, Dixa emphasizes a relationship driven approach called Customer Friendship and helps digital first brands manage omnichannel support at scale. The company expanded across Europe and the United States, raised large funding rounds, and acquired knowledge base and conversational AI products to broaden its suite. Dixa is a notable Copenhagen based SaaS scale up.
Warsaw, Poland · Startup DocPlanner is a Polish-founded healthcare booking and patient engagement platform operating brands such as ZnanyLekarz and MioDottore. The group expanded across Europe and Latin America and in 2017 acquired Germany’s Jameda, strengthening its presence in the DACH market; its TuoTempo brand deepened the practice management stack for larger healthcare providers. DocPlanner is backed by investors including Point Nine Capital, Goldman Sachs Private Capital, and One Peak Partners. The company connects patients with doctors while offering clinics scheduling, CRM, and telehealth tools.
Luxembourg City, Luxembourg · Startup Doctena is a Luxembourg-based healthtech platform that enables patients to book medical appointments online across multiple European countries. The system connects patients with doctors, dentists, and specialists through a unified booking interface while providing healthcare practitioners with schedule management, patient communication, and practice administration tools. Operating across Luxembourg, Belgium, the Netherlands, Germany, and Austria, Doctena has become one of the leading medical appointment platforms in the Benelux region and a key example of how healthtech can scale across fragmented European healthcare systems.
Paris, France · Startup Doctolib was founded in 2013 in Paris and operates Europe's largest digital healthcare platform, enabling patients to book medical appointments online and access telemedicine services across France, Germany, and Italy. The company reached unicorn status in 2019 with a €150 million Series D led by General Atlantic, and raised a further €500 million in 2022 at a €5.8 billion valuation. It serves tens of millions of patients and hundreds of thousands of healthcare professionals, making it one of the most widely used health platforms on the continent.
Warsaw, Poland · Startup Digital-first primary care and patient-doctor relationship platform that lets private physicians run long-term care programmes with patients through async messaging, visits, and care plans. Positioned as an alternative to transactional telemedicine, with a subscription model aligning doctor and patient incentives. Backed by Movens Capital.
Lisbon, Portugal · Startup Dojo AI is a Lisbon-based agentic marketing platform, founded in 2024 by Duarte Garrido (a marketing leader from Coca-Cola and Sky) and António Alegria (an AI architect from Portuguese unicorns Feedzai and OutSystems). Marketed as an Intelligent Marketing System, it uses multi-agent AI to autonomously monitor, analyse and act across marketing channels, built on a proprietary DOJO Graph that maintains a living digital twin of each customer's marketing operation.
Its AI agents track paid and organic campaigns, audit SEO visibility, generate on-brand content and execute workflows in real time, positioning the product as a marketing operating system that consolidates many traditional tools. Serving challenger and enterprise brands primarily in the US and UK, Dojo AI has raised around $7M — a $1M pre-seed (2025) led by Berlin's Heartfelt VC and a $6M / €5.1M seed (2026) led by Lisbon's Armilar Venture Partners at a reported $30M valuation — with capital focused on US expansion.
Istanbul, Turkey · Startup Dream Games is an Istanbul-based mobile gaming studio founded in 2019 by five industry veterans from Peak Games and Zynga — Soner Aydemir, Ikbal Namli, Eren Shea, Hasan Yilmaz, and Serdar Yilmaz — who decided to bet the studio's entire future on shipping a single, highly polished casual puzzle title rather than the portfolio approach favored by most publishers. That title, Royal Match, launched in 2021 and became one of the highest-grossing mobile games in the world, reportedly generating in the billions of dollars in annual in-app revenue and holding steady top-5 grossing positions on both iOS and Android across multiple major markets. The studio raised over USD 450 million from Index Ventures, Makers Fund, Balderton, and others at valuations above USD 2.75 billion, making it one of the most valuable private gaming companies in Europe. Dream Games is the clearest contemporary example of Turkish mobile-gaming craft scaling into a global consumer business while staying headquartered in Istanbul.
Santa Clara, United States · Startup Dremio is an open, high-performance data lakehouse platform built to accelerate AI and analytical workloads across enterprise data environments. The platform combines an intelligent query engine, an AI semantic layer, an open catalog powered by Apache Polaris, and a built-in AI agent, running natively on Apache Iceberg format. Dremio is notable for shipping the first Model Context Protocol (MCP) interface in the data lakehouse industry, enabling direct integration with AI agents such as Claude, ChatGPT, and Gemini.
Sofia, Bulgaria · Startup Dronamics was founded in 2014 by brothers Svilen and Konstantin Rangelov and became the first cargo drone airline in Europe to receive an EU operating license. The company develops and operates the Black Swan unmanned aircraft, capable of carrying up to 350 kg over distances up to 2,500 km. It has established droneport partnerships with airports across Europe, the Middle East, and Asia, and raised over $40 million in pre-Series A funding. Products are 100% manufactured in Europe.
Bucharest, Romania · Startup Druid AI is a Bucharest-born conversational AI company building enterprise-grade virtual employees that combine intent-based dialogue, knowledge grounding, and deep integration into business systems of record such as SAP, Salesforce, Microsoft Dynamics, and UiPath. The platform is aimed at large organizations that want to stand up internal and external chat- and voice-based assistants without stitching together LLM wrappers, retrieval plumbing, and orchestration logic from scratch, and it competes in the same category as Kore.ai and Cognigy from a Romanian R&D base. Druid has raised over USD 50 million in growth capital led by TCV and is one of the clearest examples of a second-generation Romanian enterprise software company riding the UiPath-trained talent pool into the agentic-AI era. It also illustrates how Bucharest's RPA heritage flows naturally into conversational and agentic automation.
Ghent, Belgium · Startup VIB-linked biotech developing Treg-based immune modulators for hard-to-treat autoimmune diseases. Lead program DT-001 is a TNFR2 antibody agonist in IND-enabling studies. Founded 2020; raised EUR 40M Series A in 2023.
Oslo, Norway · Startup Dune (formerly Dune Analytics) is an Oslo-founded open blockchain data analytics platform that makes on-chain data from over 60 networks queryable, shareable and collaborative. Founded in 2018 by Fredrik Haga and Mats Olsen — both former Schibsted engineers — the platform is widely used by DeFi protocols, traders and institutional researchers to build and remix on-chain dashboards. Dune raised $69.4 million in a Series B led by Coatue in February 2022, reaching a $1 billion unicorn valuation. As of early 2026, the company employs 143 people.
Paris, France · Startup Paris-based enterprise AI platform that lets teams deploy internal AI assistants connected to company knowledge sources such as Notion, Slack, Salesforce, and GitHub without writing code. Raised a $40M Series B led by Sequoia Capital Europe in 2025.
Graz, Austria · Startup Easelink develops Matrix Charging, an automated hands-free EV charging system that connects vehicles to ground charging pads without manual cable handling. It positions against charging ecosystem players such as IONITY, EV Connect, and ChargePoint.
Luxembourg City, Luxembourg · Startup Luxembourg-based digital platform for company incorporation and accounting. Enables entrepreneurs to register a SARL or SARL-S 100% online in five days with no paperwork, paired with a smart accounting dashboard for VAT tracking, invoicing, and expense management from €90/month. Designed by Luxembourg fiduciary professionals.
Birkirkara, Malta · Startup EBO is a Malta-founded conversational and generative AI company specialising in automated customer engagement for regulated industries. Founded in 2017 by Dr. Gege Gatt, the platform deploys multilingual Virtual Agents across healthcare, financial services, telecommunications, and iGaming, operating in over 100 languages and delivering 24/7 automated dialogue across any channel. EBO's clients report over 80% reduction in customer interaction costs. The company has raised $3.5 million, counts BMIT Technologies among its investors, and operates from Birkirkara with additional offices in London and Milan.
Warsaw, Poland · Startup Circular-economy startup commercializing technology to upcycle spent coffee grounds into bio-based ingredients, including oils, antioxidant fractions, polymer feedstocks, and protein-rich additives for cosmetics, packaging, and food supply chains.
Trondheim, Norway · Startup Eelume is a Trondheim-based deep-tech company spun off from NTNU and SINTEF that develops snake-like autonomous underwater vehicles (AUVs) for subsea inspection, maintenance and repair. Its flexible, modular robots can be permanently stationed at seabed docking facilities at depths up to 500 metres, performing tasks without surface support vessels. In July 2025 the company launched its M-Series AUVs for deep-sea operations, and in September 2025 Equinor acquired the Eelume S vehicle following successful field demonstrations. Eelume also formed a strategic partnership with Maritime Robotics in October 2025 to advance ocean exploration.
Stockholm, Sweden · Startup Einride is the Swedish pioneer of autonomous freight, best known for its cab-less "Pod" trucks that are designed from the ground up without a driver. Rather than retrofitting automation into traditional vehicles, Einride built a purpose-made electric platform paired with remote operations. Its "Mesh" system allows a single human operator to supervise multiple autonomous pods in real time from a control center, enabling higher utilization while keeping safety oversight in the loop.
The year 2026 is a defining moment for Einride. Following a merger with Legato Merger Corp. III, the company began trading on the Nasdaq Global Market on 10 June 2026 under the tickers ENRD and ENRDW, at a pre-money valuation of roughly $1.35B and with a $113M PIPE raised ahead of the debut. This public-market transition gives Einride the balance sheet to scale fleet deployments, charging infrastructure, and regulatory approvals across key logistics corridors.
By mid-2026, Einride is executing on major commercial contracts with GE Appliances in the United States and DP World in the UAE. It does not sell trucks in the traditional sense; it sells freight capacity as a service (FaaS), bundling vehicles, energy management, and its digital "Saga" operating system that optimizes routes, energy usage, and scheduling. The 2026 focus is on "Einride Grids": dense regional networks in Northern Europe and the US Southeast where autonomous pods handle repeated hub-to-hub routes, driving down costs compared to diesel trucking while cutting emissions.
Einride's ecosystem ties include Norrsken House in Stockholm and early innovation pilots through Plug and Play. Its investor base blends Nordic growth capital and strategic logistics backing: EQT Ventures, NordicNinja, Maersk Growth, Soros Fund Management, and Temasek are among the key supporters. In 2026, Einride stands out as the most mature European autonomous freight platform, combining electric hardware, autonomy software, and logistics orchestration into a single commercial service. The company is also investing in safety validation, regulatory engagement, and remote-operations tooling to scale autonomy responsibly across multiple jurisdictions.
Lisbon, Portugal · Startup Lisbon-based blockchain derivatives trading platform providing on-chain perpetual futures and options markets with institutional-grade execution infrastructure for algorithmic traders. Raised €1.7M seed at a €17M valuation in May 2026.
Ljubljana, Slovenia · Startup Elaphe Propulsion Technologies was founded in 2006 by Andrej Detela and Gorazd Lampič and specialises in in-wheel electric motors for electric vehicles. The company's plug-and-play Elaphe M700 system places the drive motor directly inside the wheel hub, eliminating traditional axles and drivetrains to improve vehicle efficiency and design freedom. Elaphe received €7 million from the Slovenian government in 2021 and has supplied its technology to automotive partners globally, including Aptera. It is headquartered at Technology Park Ljubljana.
Warsaw, Poland · Startup Elastics is a Warsaw-based startup building an AI-native operating system for prediction markets. Powered by auditable AI agents, its platform lets traders build and automate trading workflows in plain language, from signal generation through execution. The company was founded in April 2025 by Szymon Pawica (CEO) and Mateusz Brodowicz (CTO).
Paris, France · Startup Paris-based ultra-fast EV charging network operator deploying 400 kW stations across nine European countries, enabling 400 km of range recovery in 20 minutes at strategic urban locations. Raised €304M in a 2024 Series B—France's largest mobility infrastructure round at the time—and operates 400+ stations.
Berlin, Germany · Startup Berlin-based EdTech startup building an AI-powered training and knowledge platform for frontline teams in the energy and climate-tech sector. The platform helps employers close skills gaps, combat the shortage of qualified workers, and deliver bite-sized training that field employees can complete on mobile.
London, United Kingdom · Startup ElevenLabs is a London-headquartered AI audio platform that has built one of the world's most advanced voice-synthesis stacks. Its products span text-to-speech in 70+ languages, instant and professional voice cloning, an automated dubbing studio across 90+ languages, real-time conversational voice agents, AI sound effects and an audio production suite; the ElevenReader app offers a large catalogue of licensed human-narrated audiobooks. Enterprise clients range from Deutsche Telekom and Revolut to the Ukrainian Government, and in 2026 ElevenLabs integrated its voice capabilities into IBM's watsonx Orchestrate.
Founded in 2022 by Polish childhood friends Mati Staniszewski (CEO, ex-Palantir) and Piotr Dąbkowski (CTO, ex-Google), the company raised a $2M pre-seed from European funds Credo Ventures and Concept Ventures, then scaled rapidly: a $19M Series A (2023), $80M Series B at $1.1B (2024), $180M Series C at $3.3B (2025), and a $500M Series D at an $11B valuation led by Sequoia Capital (2026), with a later extension adding BlackRock, NVIDIA and others. With cumulative funding over $781M and ARR past $500M, ElevenLabs is among the fastest-growing AI companies in Europe.
Kaunas, Lithuania · Startup Manufactures AC and DC electric vehicle charging stations plus cloud management and payment software for public, residential and fleet use, with deployments across 40+ countries and partners including DHL and Volvo.
Toulouse, France · Startup Professional email platform from Toulouse-based NovaForma Studio, combining a unified inbox (Gmail OAuth plus 20+ IMAP providers), AI features (summaries, multi-tone drafting, smart categorisation, 11-language translation), a built-in CRM, email tracking and voice dictation. Positioned as a GDPR-compliant French sovereign alternative to Gmail and Outlook.
Paris, France · Startup Emma is an AI-powered English language learning app developed by the Paris-based EdTech company Edailabs. The app focuses on conversational immersion: learners practice speaking with an AI coach that analyses pronunciation, corrects grammar and adapts the conversation to the learner's level, aiming to reproduce natural spoken-exchange conditions. The product features an interactive avatar tutor. In December 2025 Edailabs raised €5M led by the specialist fund Educapital, with participation from Breega, Seedcamp, DMG Ventures and Yellow Ventures. This is the French AI-tutor company, distinct from the unrelated mattress brand of the same name.
Munich, Germany · Startup Munich-based startup deploying turnkey battery energy storage systems for German commercial and industrial SMEs. Its full-service model covers planning, financing, installation, and operations, enabling clients to cut electricity costs and earn additional revenue through energy arbitrage. Raised €25M seed in June 2026.
Sofia, Bulgaria · Startup EnduroSat is a satellite manufacturer and space services company founded in 2015 by Raycho Raychev. The company designs and builds CubeSats and microsatellites, and offers turnkey satellite missions from design through to on-orbit operations. EnduroSat has over 80 satellites in orbit and more than 3,500 avionics modules deployed, serving over 400 customers globally. It is one of the most prominent deep-tech startups to emerge from Southeastern Europe.
Kaunas, Lithuania · Startup Eneba is an online marketplace for video game keys, downloadable content, gift cards, and in-game currencies, founded in 2018 by Vytis Uogintas and Žygimantas Mikšta in Kaunas. The platform uses proprietary machine learning and fingerprinting technology for fraud prevention and serves over 10 million registered users across Europe. Early investors include Practica Capital, InReach Ventures, and FJ Labs. In 2024 the Lithuanian national development finance institution ILTE issued a €10 million loan to support development of an AI-based mobile games recommendation system.
Houten, Netherlands · Startup Cloud-native time series platform for energy data management and smart grid analytics, automating ingestion, processing and visualization for DSOs and utilities like E-REDES. Acquired by Gridspertise in 2025.
Espoo, Finland · Startup Enfuce is a cloud-native card issuing and payment processing platform that enables banks, fintechs and brands to launch and scale payment programmes across Europe. Founded in 2016 and holding EMI licences from both the Finnish FSA and the UK FCA, the company raised €45 million in a Series C round led by Vitruvian Partners with participation from Visa and Maki.vc. With 280 employees and ambitions to 10x revenue by 2030, Enfuce became Finland's largest fintech startup. In March 2026, co-founder Denise Johansson took sole CEO responsibility as the company accelerates European expansion.
Luxembourg City, Luxembourg · Startup Luxembourg-based AI company specialising in neural network compression and optimisation for autonomous driving and computer vision applications. Its technology maintains model accuracy while dramatically reducing power consumption and inference costs, enabling deployment of advanced AI on edge devices in vehicles and robotics.
Berlin, Germany · Startup Enpal is a Berlin-based cleantech company founded in 2017 that sells and rents residential solar panels, batteries, EV chargers and heat pumps on a subscription model, bundling hardware, installation and financing into a fixed monthly fee. It became Germany's first cleantech unicorn in 2021 and operates a virtual power plant that aggregates its installed base. Revenue surpassed one billion euros in 2025.
Stockholm, Sweden · Startup Epidemic Sound is a Swedish company headquartered in Stockholm that operates a royalty-free music and audio licensing platform for content creators. Founded in 2009, it provides creators, businesses, broadcasters and agencies access to a library of music tracks and sound effects, owning the rights to its catalog so users can publish and monetise content without separate licensing. The platform offers a Studio tool, mobile and desktop apps, and integrations with software such as Adobe Creative Cloud. In March 2021 it raised a growth round led by EQT Growth and Blackstone at a reported $1.4 billion valuation.
Athens, Greece · Startup Epignosis is an Athens-based learning technology company behind TalentLMS, one of the most widely used cloud learning management systems for SMBs and mid-market companies. TalentLMS enables organizations to create, deliver, and track employee training programmes with minimal setup and a strong focus on usability. The company also offers eFront for enterprise and compliance-heavy training requirements. With tens of thousands of organizations using its products across 150+ countries, Epignosis is a major Greek SaaS success story that proves deep product focus in a mature category can yield global reach from a non-traditional startup geography.
Dublin, Ireland · Startup Equal1 is a University College Dublin spin-out that builds rack-mounted, silicon-spin quantum computers using standard semiconductor manufacturing processes, making quantum computing practical for data centres without cryogenic infrastructure. Its Bell-1 server, named after Belfast physicist John Stewart Bell, is already deployed by the European Space Agency. The company raised $60 million in January 2026, led by Ireland Strategic Investment Fund and Atlantic Bridge, bringing total funding to $85 million. Equal1 has also partnered with NVIDIA to develop quantum-classical hybrid solutions.
Kraków, Poland · Startup Estimote is a Kraków-founded IoT company that pioneered the Bluetooth-beacon category for indoor proximity, micro-location, and workplace safety. Co-founded by Jakub Krzych and Łukasz Kostka, with early backing from Polish operator-angels including Andrzej Targosz and the Netguru founders (Schmidt, Filipowski), Estimote went on to raise from US investors and pivoted toward workplace and wearable safety devices used by major enterprises.
Coimbra, Portugal · Startup Autonomous ethical-hacking platform combining AI agents and human hackers to run continuous penetration testing across external assets, internal networks, mobile apps and cloud environments.
Milan, Italy · Startup Everli is Italy's leading online grocery delivery marketplace, connecting shoppers with over 100 supermarket chains — including Lidl, Esselunga, and Carrefour — across 60+ Italian provinces. Founded in 2014, personal shoppers physically select products at partner stores and deliver to customers' homes within two hours. With 237 employees and a 23% take rate, Everli signed a $180 million business combination with Nasdaq-listed SPAC Melar Acquisition Corp in mid-2025, targeting a Nasdaq listing in early 2026. The company secured an additional $10 million in bridge financing ahead of the expected public debut.
Dublin, Ireland · Startup Developer-first encryption infrastructure that lets businesses collect, tokenize and orchestrate sensitive payment and card data without handling it in plaintext, cutting PCI DSS compliance cost and time. Founded in Dublin, 2019.
Budapest, Hungary · Startup EvoCRM is a Hungarian software company focused on CRM and business automation solutions built on Microsoft Dynamics 365 and Power Platform. The company develops and implements customer relationship management tools for businesses across Hungary and Central Europe, helping organizations streamline sales and customer engagement processes. EvoCRM is an active participant in the Hungarian Microsoft partner ecosystem and a sponsor of community events including the Shift+Enter Summit.
Heidelberg, Germany · Startup Clinical-stage biotech developing therapeutics for neuropsychiatric disorders. Lead program Deraphan targets agitation and aggression in Alzheimer's disease dementia and is in Phase 2/3. Raised EUR 51M Series B in 2026.
Stockholm, Sweden · Startup Exeger is a Stockholm-based deep-tech company that manufactures Powerfoyle, a patented, silicon-free dye-sensitised solar-cell material that converts both indoor and outdoor light into electricity. Founded in 2008 by entrepreneur Giovanni Fili and scientist Dr Henrik Lindström — joint winners of the European Inventor Award in 2021 — the company spent a decade developing and patenting the technology before scaling commercial production at two factories in Kista, Stockholm.
Powerfoyle is integrated as a thin, flexible film directly into product surfaces, removing the need for charging cables or disposable batteries. Shipping products span headphones and earbuds (Urbanista, adidas), cycling helmets (POC), professional hearing protection (3M Peltor), digital shelf labels (VusionGroup), remote controls (Philips, Hama) and IoT sensors. Exeger has raised over €169M from backers including SoftBank, Swedish pension fund AMF, the European Investment Bank (€35M InvestEU loan) and Fortum, and in late 2025 secured a SEK 130M grant from the Swedish Energy Agency and was selected for the NATO DIANA defence accelerator.
Rome, Italy · Startup Exein is an embedded IoT cybersecurity company headquartered in Rome, Italy, founded in 2018 by Gianni Cuozzo. The company develops solutions that integrate security directly into device software (firmware), using edge AI to detect and respond to threats in real time on the device itself. Its technology is used to protect connected devices across sectors including industrial, automotive, aerospace, and critical infrastructure. The company has expanded internationally with operations beyond Italy as part of a global growth strategy.
Limassol, Cyprus · Startup Exness is a Limassol-headquartered retail CFD and forex broker that has quietly become one of the largest trading venues in the world by monthly volume, routinely reporting trillions of dollars in turnover from retail and professional clients across Asia, the Middle East, Africa, and Latin America. The company operates a proprietary matching and risk-management stack, auto-executes deposits and withdrawals for most of its payment methods, and is regulated by the Cyprus Securities and Exchange Commission (CySEC) in the EU, the FCA in the UK, and a mesh of tier-two regulators covering its non-EU corridors. Founded in 2008 by a small team of Russian-origin quants who chose Cyprus for its EU/MiFID access and English-speaking talent pool, Exness today employs over 2,000 people and is the anchor tenant of the Limassol fintech cluster that also includes crypto exchanges, prop shops, and several CFD challengers. In the European ecosystem it is the most commercially successful Cypriot financial-services company and a useful anchor for understanding why Limassol became a global retail-trading hub.
Nijmegen, Netherlands · Startup A Radboudumc spin-off developing a patented AR projector that overlays anatomical data — blood vessels, muscles, nerves — directly onto a patient's skin during surgery, without screens or headsets. Used in 400+ surgeries.
Munich, Germany · Startup AI-driven materials-discovery platform spun out of the German Aerospace Center (DLR) that accelerates identification of novel materials by up to 90%. Clients including Audi, Airbus and Infineon use it to focus R&D on the most promising candidates.
Lille, France · Startup Exotec is a Lille-based warehouse robotics company founded in 2015 by Romain Moulin and Renaud Heitz. Its flagship Skypod system uses fleets of autonomous robots that move in three dimensions across warehouse racking to pick, store, and prepare orders at high speed. Exotec became France's first industrial robotics unicorn after a $335 million Series D in 2022 at a $2 billion valuation. The company serves major global retailers including Decathlon, Gap, Uniqlo, and Carrefour across Europe, North America, and Asia. Exotec demonstrates that France can produce world-class hardware and robotics companies, not just software.
Graz, Austria · Startup faaya collective is an art-commerce platform that sells fine-art prints from emerging artists and produces on-demand prints locally in Graz, positioned as a sustainability-focused alternative to larger print marketplaces.
Barcelona, Spain · Startup Factorial is an all-in-one HR & business management platform built for SMBs and mid-market companies. Founded in 2016, it unifies time tracking, payroll, recruitment, performance reviews, and document management into a single cloud product. The company hit $100M ARR in 2024 and achieved a $1B valuation backed by Atomico, Tiger Global, and CRV. In 2025 General Catalyst injected $120M to fund expansion into Germany, France, and Italy. As of 2026 the company employs ~2,000 people and is exploring a $200M round at a $2B valuation.
Kullavik, Sweden · Startup FashionLab is a Swedish fashion content platform that uses generative AI to produce product imagery and video for apparel brands at scale. The product replaces parts of traditional studio production by generating brand-aligned visuals with customizable models, scenes, and localization variants. The company has operational ties to the Eurasian ecosystem through the 500 Eurasia program.
Coimbra, Portugal · Startup AI-native fraud and financial-crime prevention platform for banks and payment networks, securing trillions in payments annually. Founded 2011; unicorn since 2021; selected by the ECB for Digital Euro fraud prevention.
Dublin, Ireland · Startup Fenergo is a Dublin-based provider of AI-powered client lifecycle management (CLM), Know Your Customer (KYC), and anti-money laundering (AML) software for global financial institutions. Founded in 2009, the company automates client onboarding and regulatory compliance workflows for banks, asset managers, and capital markets firms. Recognised as a category leader in the 2026 Celent KYC CDD / CLM Report, Fenergo serves major institutions including DNB Bank and Gen II Fund Services, with over 850 employees worldwide.
Lublin, Poland · Startup Polish card-payments infrastructure provider licensed for card issuing, acquiring, and money transfer. Fenige's platform powers card-based money transfers (card-to-card push payments) and payment products for fintechs, banks, and corporates. An early Movens Capital portfolio company; exited via a strategic sale.
Madrid, Spain · Startup Fever is a Madrid-born entertainment discovery platform that curates and produces immersive experiences, from candlelight concerts to secret cinema events, in over 100 cities worldwide. The company uses data-driven demand testing to decide which experiences to produce, reducing risk for venues and creators while surfacing high-quality cultural events for consumers. Fever has become one of Europe's most prominent consumer marketplace unicorns, blending tech-driven curation with live entertainment at scale.
London, United Kingdom · Startup London-based AI decision-intelligence platform for real-assets investors and managers. Its agentic AI Ellie unifies fragmented institutional and market data to prepare deal analyses, draft IC memos, monitor portfolio variance, and surface risk proactively. Serves clients with 98.4% accuracy on high-value lease-data extractions. Raised €22M Series A led by HV Capital.
Stuttgart, Germany · Startup Online proofing and approval software founded in Stuttgart in 2014, centralizing review, feedback and sign-off of creative assets like videos, PDFs and designs.
Paris, France · Startup Paris-based cybersecurity company that builds OpenCTI, an open-source threat intelligence platform used by national CERTs, defence agencies, and Fortune 500 security teams. The platform ingests and correlates threat feeds to help analysts map adversary infrastructure and prioritise incident response. Raised a Series A to accelerate international expansion.
Istanbul, Turkey · Startup Cloud-native, API-first core banking platform offering Financial Functions as a Service, with composable lending, deposits, payments and treasury modules for banks and financial institutions.
Limassol, Cyprus · Startup Finery Markets is a Limassol-based institutional crypto trading infrastructure company, founded in 2019 by Konstantin Shulga and Ilia Drozdov. The platform operates as a non-custodial, over-the-counter ECN connecting crypto businesses to deep liquidity pools across 200+ crypto and fiat currency pairs. In Q2 2024, the platform processed over $5 billion in trading volume, serving clients in 35+ countries. The company raised $5.5 million in seed funding in 2022 from investors including G1Ventures, gumi Cryptos, and Shima Capital.
Oulu, Finland · Startup Fingersoft is an independent mobile game studio headquartered in Oulu, 170 km south of the Arctic Circle. It is best known for Hill Climb Racing and Hill Climb Racing 2, which together surpassed 2.5 billion installs, with Hill Climb Racing alone crossing 2 billion downloads in January 2026. Founded in 2012 by Toni Fingerroos, the company remains bootstrapped and profitable, making it one of Finland's most commercially successful independent game studios. In 2026 it launched an open beta for Hill Climb Racing 3 across Finland, Norway, Poland, Sweden and the UK.
Kyiv, Ukraine · Startup FINMAP is a Kyiv-based cash-flow management and financial analytics platform built specifically for small and medium businesses that have outgrown spreadsheets but cannot justify a full ERP rollout. The product gives owners and finance managers a single live dashboard showing bank balances, payable and receivable pipelines, scenario-based cash forecasts, and customizable P&L views, with bank and payment-service integrations across Ukraine and multiple EU markets that pull transactions automatically instead of relying on manual CSV imports. FINMAP's wedge is that it is explicitly designed around the mental model of an SME founder — 'will I run out of money in six weeks?' — rather than the analyst-first model of incumbent finance tools, and that has made it one of the more successful Ukrainian fintech SaaS exports targeting the CEE region. It is a useful data point for how Ukraine's engineering talent continues to ship commercial B2B software despite the wartime backdrop.
Munich, Germany · Startup FINN is a car-subscription platform serving consumers and businesses with an all-inclusive monthly model that bundles insurance, maintenance, and roadside support. The company has expanded B2B fleet workflows with automated management tools and EV-focused offerings for employee mobility programs.
Amsterdam, Netherlands · Startup Finom is an Amsterdam-based fintech company offering digital financial services for small and medium-sized enterprises, freelancers, and entrepreneurs across Europe. Its platform combines a business account with local IBANs, invoicing, business debit cards with cashback, payment processing, expense tracking, and accounting software integrations. The company operates in markets including Germany, France, Italy, Spain, the Netherlands, Belgium, Poland, Portugal, and Austria. In 2025 Finom raised a €115 million Series C round led by AVP, in addition to non-dilutive growth capital from General Catalyst's Customer Value Fund.
Bucharest, Romania · Startup FintechOS is a Bucharest-founded technology infrastructure company that provides a low-code platform enabling banks, insurers, and financial institutions to rapidly build and launch digital financial products without replacing their legacy core systems. The platform accelerates digital transformation for incumbents by offering pre-built components for lending, onboarding, insurance, and wealth management that can be customized and deployed in weeks rather than months. FintechOS has raised over $60 million from investors including Draper Esprit and Earlybird, and serves financial institutions across Europe and Asia. It is one of Romania's most prominent B2B fintech companies and a key example of how the country's engineering talent is being applied to modernize global financial services infrastructure.
Dublin, Ireland · Startup FIRE1 is a Dublin-based medtech company developing the NORM heart failure management system, a remote monitoring implant designed to enable patients to control their fluid volume at home, similar to how continuous glucose monitors transformed diabetes care. The device received FDA Breakthrough Device Designation and has been successfully implanted in the first Irish patient at University Hospital Galway. FIRE1 has raised $210 million in total funding, including a $120 million round led by Polaris Partners and Elevage Medical Technologies.
Belgrade, Serbia · Startup FishingBooker is a Belgrade-based online marketplace connecting recreational anglers with fishing guides and charter captains worldwide. The platform allows users to browse, compare, and book fishing trips across thousands of destinations, handling payments, reviews, and communication between guests and guides. With operations spanning the US, Caribbean, Europe, and beyond, FishingBooker has become the world's largest fishing trip booking platform. The company demonstrates how Serbian engineering talent can build globally dominant vertical marketplaces in niche travel segments that larger OTAs have underserved.
Lisbon, Portugal · Startup FIZ is a Lisbon-based fintech building a mobile-first "neo accountant" for Portugal's self-employed professionals and small businesses. The platform pairs AT-certified invoicing with automated VAT and Social Security filings and an AI fiscal assistant, and backs declarations with an "Escudo Fiscal" guarantee that covers up to EUR 1,500 of penalties per declaration. It runs on a freemium model, offering a free invoicing tier alongside paid plans at EUR 9.99 and EUR 14.99 per month, and reports more than 15,000 users invoicing over EUR 8M through the platform each month. For the directory, FIZ illustrates how vertically integrated tax-automation tools are reaching independent workers in markets where compliance has traditionally required a human accountant.
Barcelona, Spain · Startup Flanks is a Barcelona-based WealthTech platform that aggregates multi-custodian investment portfolio data for banks, wealth managers, and advisory firms. Founded in 2019 by Joaquim de la Cruz, Álvaro Morales (ex-Global Head of Santander Private Banking), and Sergi Lao, it is regulated as an AISP by the Bank of Spain. In early 2026 Flanks launched an AI Financial Advisor co-pilot, was selected by CaixaBank to power its GlobalView private banking aggregation, and introduced EDX — Europe's first standardised financial data exchange protocol. Over 100 institutions managing €37B+ in portfolios use the platform. Total funding: €14M (Series A, February 2025).
Copenhagen, Denmark · Startup Flatpay is a Danish fintech founded in 2022 that provides card payment terminals, point-of-sale systems, and online payment solutions for small and medium-sized merchants. The company differentiates itself with a flat, transparent pricing model with no setup fees, no monthly subscriptions, and uniform rates across card types, alongside data-analytics dashboards for merchants. Headquartered in the greater Copenhagen area, it operates across several European markets including Denmark, Finland, France, Germany, Italy, and the UK. In November 2025 it raised a 145 million euro Series C round at a 1.5 billion euro valuation, reaching unicorn status.
Athens, Greece · Startup Car-as-a-service subscription platform offering brand-new vehicles for a fixed monthly fee covering insurance, maintenance and road fees, with no down payment. Founded 2018, expanding across Southeast Europe.
Berlin, Germany · Startup Flink is a Berlin-based quick-commerce grocery delivery company founded in 2020 by Christoph Cordes, Oliver Merkel, Julian Dames, Saad Saeed, and Nikolas Bullwinkel. The platform delivers everyday groceries in an average of 35 minutes through a network of dark-store hubs, operating in Germany and the Netherlands across 100+ cities serving 22.5 million people. In March 2026 Flink raised $100 million in a Series C round after reaching EBITDA profitability, remaining one of the last independent quick-commerce operators in Europe after rivals Gorillas and Getir exited.
Dublin, Ireland · Startup Flipdish is a Dublin-founded hospitality technology company that gives restaurants, cafes, and takeaways their own branded ordering channels — web, mobile, kiosk, QR, and direct — as an alternative to handing 25-35 percent of every order to third-party delivery marketplaces. Founded in 2015 by brothers Conor and James McCarthy, the company raised a USD 100 million Series C led by Tiger Global in 2022 at a unicorn valuation and serves tens of thousands of restaurant locations across Europe, North America, and Australia. Beyond online ordering, Flipdish has moved into in-store self-order kiosks, loyalty, CRM, and analytics, effectively positioning itself as the POS-adjacent software layer that independent operators need to run a multi-channel business without betting their margin on Uber Eats or Just Eat. It is one of the most commercially meaningful Irish vertical-SaaS exits of the 2020s cohort.
Munich, Germany · Startup FlixBus, operated by Flix SE, is a Munich-based global travel technology company founded in 2011 that provides affordable long-distance bus and train travel across more than 40 countries. The company partners with over 1,000 independent bus operators, handling network planning, pricing, booking, and customer service while the operators run the vehicles. Flix SE also operates FlixTrain in Germany and internationally, and Greyhound Lines in North America. The company has served over 500 million travellers since its launch.
Munich, Germany · Startup Mobility platform offering intercity bus and train travel founded in Munich in 2011. Operates across Europe and North America (acquired Greyhound in 2021) under parent Flix SE.
London, United Kingdom · Startup Flo Health is the world's most popular women's health app, offering AI-powered period and ovulation tracking, pregnancy monitoring, and personalized health insights to over 300 million users. The company combines reproductive health data with machine learning to provide tailored content and predictions, and has expanded into telehealth and wellness features. Flo represents a major European consumer health success story.
Paris, France · Startup Flowdesk is a Paris-based digital-asset trading and technology firm founded in 2020 that provides market-making, liquidity, and trading infrastructure for crypto tokens and exchanges. Its platform helps token issuers and trading venues manage liquidity across fragmented crypto markets. Founded by Guilhem Chaumont, Paul Bugnot, François Cluzeau, and Balthazar Giraux, the company has expanded internationally. After a $50M Series B led by Cathay Innovation in 2023, Flowdesk raised a $102M financing announced in 2025, led by HV Capital with debt provided by BlackRock-managed funds, to scale its market-making services.
Stockholm, Sweden · Startup Flower is a Stockholm-based energytech company founded in 2020 by John Diklev; its name is a contraction of flexible power. Flower develops hardware-agnostic AI and machine-learning software for forecasting, optimisation, and trading of flexible energy assets, including large-scale battery energy storage systems, solar and wind farms, hydro, EV charge points, and data centres, operating them as a virtual power plant to provide grid balancing, frequency regulation, congestion management, and day-ahead trading. Alongside its optimisation platform, Flower develops and operates grid-scale battery storage projects in Sweden. The company raised a Series A round led by Northzone in 2024.
Warsaw, Poland · Startup Flowtly is a Warsaw-based AI business-management platform — marketed as an AI ERP — that replaces a stack of disconnected tools with a single system for small and medium-sized businesses in Central and Eastern Europe. The platform covers finance and invoicing, HR and team operations, leave tracking, project management, time tracking and a reservation system, accessible via web and mobile apps. It targets service-oriented SMBs of 2–100 employees in sectors such as software, consulting, marketing, B2B real estate and medical services.
Built and operated by Flowtly P.S.A., the company is led by co-founders Bernhard Huber (CEO), Katarzyna Lisiecka (CRO) and Andrzej Nowiczenko (COO), whose backgrounds span enterprise software, high-growth digital products and financial supervision. Flowtly offers a developer API and Model Context Protocol (MCP) integration connecting to 50+ platforms, and in November 2025 launched a verified connector on Make for no-code automation. The product holds ISO 27001 and SOC 2 Type II certifications and is GDPR-compliant. No external funding has been publicly disclosed.
Bucharest, Romania · Startup FlowX.ai is a Romanian enterprise software company focused on modernizing legacy systems without forcing large institutions to replace their core infrastructure all at once. Its platform helps banks, insurers, and other complex enterprises build modern digital customer experiences on top of old back-office systems by abstracting integration complexity and accelerating delivery cycles. That makes the company relevant in one of the hardest areas of enterprise transformation: organizations that urgently need better digital products, but cannot afford multi-year core-system replacement programs. FlowX.ai therefore sits in a high-value layer between legacy infrastructure and modern application experience. In the European ecosystem, it demonstrates the depth of engineering talent emerging from Romania in areas that require architectural sophistication, enterprise sales discipline, and credibility with regulated industries. The company is also a useful bridge in the directory between legacy-enterprise modernization and newer fintech infrastructure players, showing how incumbents can adopt faster, more software-native operating models without rebuilding from zero.
Valencia, Spain · Startup Flywire (Nasdaq: FLYW) is a global payments-enablement and software company founded in Valencia as peerTransfer, simplifying high-value, complex payment flows in education, healthcare and travel across 240+ countries. Corporate HQ is now Boston with a Spanish product hub in Valencia. IPO on Nasdaq (FLYW) in 2021.
Warsaw, Poland · Startup Focus Telecom is a Warsaw-based cloud contact center and customer communications software provider that equips enterprise and mid-market teams with omnichannel support workflows spanning voice, email, chat, and SMS. The platform enables companies to build automated call routing, IVR systems, and agent productivity dashboards without on-premise infrastructure. Focus Telecom serves clients across Poland and Central Europe, particularly in financial services, utilities, and retail, where high-volume customer interaction management is critical. The company is one of Poland's established players in cloud communications infrastructure.
Amsterdam, Netherlands · Startup Enterprise content creation platform founded in Amsterdam in 2013, enabling teams to build interactive digital documents and microsites at scale with brand governance and analytics.
Madrid, Spain · Startup Fon was founded in Madrid in 2006 by Argentine-Spanish entrepreneur Martín Varsavsky to build a global crowdsourced WiFi network where users share home broadband in exchange for roaming access to other Fon hotspots. The company attracted investment from Google and Skype and partnered with major ISPs worldwide, growing to millions of hotspots. As carrier partnerships wound down, Fon was acquired by Agile Content in 2021.
Dublin, Ireland · Startup Dublin-based AI tax operating system for global businesses covering the full indirect tax lifecycle: ID validation, real-time determination, e-invoicing, and returns across 190+ jurisdictions processing over a billion transactions annually. Clients include Uber, Netflix, and Canva. Raised €94.4M Series C in 2026 and acquired PwC's tax platform.
Wrocław, Poland · Startup ForActive, founded in 2023 and headquartered in Wrocław, develops a cloud-based business management app for independent personal trainers, coaches and fitness instructors. The platform lets professionals sell memberships, class packages and one-off sessions while automating payments, attendance tracking and client communication, with recurring billing, automated reminders and QR-based check-ins. It runs on a pay-as-you-go model with no fixed subscription fee.
Berlin, Germany · Startup Forto (formerly FreightHub) is a Berlin-based tech-enabled freight forwarding platform founded in 2016 by Ferry Heilemann, Michael Wax, Fabian Heilemann, and Erik Muttersbach. The company provides digital management of international sea, air, and rail freight shipments with real-time tracking and supply chain visibility through its platform. Forto serves major enterprise customers across Europe and Asia from 21 offices and has raised over $610 million in funding, reaching a valuation of $2.1 billion.
Bydgoszcz, Poland · Startup FOTOhub, founded in 2025 and headquartered in Bydgoszcz, is an AI-powered creative platform that lets users generate and edit images, video, audio and text within a single system. Its orchestration layer integrates multiple AI models so creators and businesses can produce multimedia content without switching tools, alongside a browser-based studio with timeline video editing, audio mixing and design tools. The company reports over 400,000 users globally.
Amsterdam, Netherlands · Startup Fourthline is an Amsterdam-based regtech founded in 2018 that provides identity verification, know-your-customer (KYC) and anti-money-laundering compliance software using proprietary AI. It serves banks, fintechs and regulated financial institutions across Europe, running high-accuracy identity checks to onboard customers and detect fraud.
Amsterdam, Netherlands · Startup Framer is a Dutch no-code platform for designing, building, and publishing professional websites, used widely by designers and teams. Founded in Amsterdam by Koen Bok and Jorn van Dijk, who had previously sold their design studio Sofa to Facebook in 2011, Framer originally launched as an interactive design and prototyping tool before pivoting to full website creation. The product now spans design, CMS, SEO, hosting, and enterprise features. In August 2025, Framer raised a $100 million round at a $2 billion valuation, led by Meritech and Atomico.
Tampere, Finland · Startup Framery is a Finnish hardware manufacturer that designs and produces soundproof office pods and phone booths for open-plan workplaces. The company was founded in 2010 in Tampere, Finland by Samu Hällfors and Vesa-Matti Marjamäki after they were unable to find a ready-made solution for noise in their own open-plan office. Its product range includes the Framery One, Four and Six pods plus the newer Gradus line, along with workplace technology such as occupancy sensors, room displays and a management platform called Framery Connect. The company is headquartered and manufactures in Tampere, and in 2018 private equity firm Vaaka Partners became the majority owner.
Tallinn, Estonia · Startup Defence startup founded 2024 by ex-MoD secretary Kusti Salm, building low-cost, mass-manufacturable guided interceptor missiles; its Mark I achieved a live-fire drone intercept in Latvia. Raised EUR 30M Series A.
London, United Kingdom · Startup London-based beauty and wellness booking platform that provides commission-free subscription software for salons, spas, and independent therapists—covering appointments, payments, marketing, and inventory—with operations in 120+ countries and 100,000+ business partners.
Brasov, Romania · Startup Cross-border e-commerce fulfillment network for online retailers, running storage, pick-and-pack, invoicing and courier coordination across a multi-warehouse footprint in 30 countries for next-day delivery.
St. Gallen, Switzerland · Startup Frontify is a brand-building platform headquartered in St. Gallen, Switzerland, founded in 2013 by Roger Dudler. It provides digital asset management, brand guidelines management, templates, AI-assisted tools and analytics, giving teams a central place to create, organise and scale their brands. The platform is used by marketing, design and brand teams to keep brand assets consistent across an organisation. It raised a $50M Series C round led by Revaia in 2021, and also operates offices in New York City and London.
Valletta, Malta · Startup FRVR is a browser-based casual games publisher founded in 2014 and headquartered at 61 Saint Paul Street, Valletta. The company develops and distributes instant-play HTML5 games across web, social, and messaging platforms without requiring app-store downloads. FRVR has raised over $94 million in total funding from investors including Accel, Hiro Capital, and Makers Fund.
Bratislava, Slovakia · Startup Fuergy builds smart battery storage systems branded as brAIn, optimizing energy use for buildings and commercial facilities. Its platform automates when to store and discharge solar energy, and can trade energy on markets to lower bills. As energy price volatility persists in Europe, Fuergy’s systems are gaining traction among enterprise and real-estate operators. By 2026, Fuergy is one of Slovakia’s fastest-growing energy-tech companies.
Stockholm, Sweden · Startup Marketing data platform that collects, cleans and normalizes data from 600+ ad, analytics and CRM sources into a unified marketing data hub. Founded 2014 in Stockholm.
London, United Kingdom · Startup Full-stack renewable energy supplier founded in 2022 by former Revolut executives, supplying 300,000+ UK households while building a 1 GW wind and solar generation pipeline. Secured a €25M Series B extension, bringing total funding to €214M.
London, United Kingdom · Startup FYLD is a London-based company offering an AI-powered frontline intelligence and field work execution platform for the global infrastructure sector, including utilities, heavy civil infrastructure, and energy. Field teams capture short videos instead of completing static forms, and FYLD's AI analyses site conditions to identify safety, quality, and delivery risks before they escalate, while giving managers live visibility across jobs and automatically documenting actions for compliance and audit. It serves complex infrastructure organisations including Southern Water, Yorkshire Water, Ferrovial, Kier, and Amey.
Hal Lija, Malta · Startup Fyorin is a Malta-founded treasury and financial operations platform built by three Maltese fintech entrepreneurs. Founded in 2019, it connects businesses to a unified network of 5,000+ global banks and financial institutions, enabling multi-currency accounts, international payments in 40+ currencies, virtual card issuance, FX execution, and automated receivables and payables — all through a single interface. The platform processes over €1 billion in annual transaction volume and serves 400+ businesses and 1,000+ finance professionals globally. Fyorin won Best Tech Start-Up at the Malta eBusiness Awards and is registered as PorterPays Limited in Malta.
London, United Kingdom · Startup Fyxer AI is a London-based startup that builds an AI assistant for email and meetings, working inside Gmail and Outlook so users have nothing new to learn. Its product organises and prioritises the inbox, drafts replies in the user's own voice based on past conversations, and acts as a meeting companion that joins calls and takes notes. The company grew out of an executive assistant agency run by brothers Richard and Archie Hollingsworth before they launched the AI product, with Matt Ffrench as CTO. In September 2025 it raised a $30M Series B led by Madrona to expand into the US market.
Zug, Switzerland · Startup GAIMIN is a Web3 distributed cloud infrastructure platform that uses gamers' unused computing power, including GPUs, for HPC and AI workloads. The company reported more than USD 1.79M in funding, launched the GMRX token, partnered with ecosystems such as Movement Labs and BNB Chain, and secured cloud-compute support from Aethir's ecosystem fund. In decentralized resource and staking markets, it competes with larger platforms such as Lido, Kiln, and Ubitus.
Oslo, Norway · Startup Gelato is an Oslo-founded print-on-demand and production platform that connects e-commerce sellers, creators, and enterprises with a global network of over 130 print partners across 32 countries. The platform enables businesses to sell custom-printed products like t-shirts, wall art, mugs, and photo books that are produced locally near the end customer, reducing shipping times, costs, and carbon emissions. Gelato has raised over $200 million and serves millions of creators through integrations with Shopify, Etsy, and other e-commerce platforms. The company is a leading example of how distributed manufacturing networks can be orchestrated through software to create more sustainable and efficient supply chains.
Ljubljana, Slovenia · Startup GenePlanet was founded in 2008 by Marko Bitenc and Nina Šterk and is the leading European provider of preventive genetic tests, including non-invasive prenatal testing (NIPT), cancer screening, and lifestyle DNA tests. The company cooperates with more than 500 clinics, hospitals, and insurance firms worldwide and markets its products under brands including NutriFit. In July 2023 GenePlanet closed a €20 million Series B round led by BlackPeak Capital, bringing total funding to approximately $34 million. It was ranked among the 1,000 fastest-growing companies in Europe by the Financial Times.
Genoa, Italy · Startup Generative Bionics builds intelligent humanoid robots designed for real industrial environments, spinning out of the Italian Institute of Technology (IIT) in Genoa where over 20 years of robotics R&D underpins the company's technology. Founded in July 2024 by Daniele Pucci, Alessio Del Bue, Marco Maggiali, and Andrea Pagnin, the company raised €70 million in December 2025 — one of Europe's largest humanoid robotics rounds — led by CDP Venture Capital's AI Fund with AMD Ventures, Eni Next, and Tether. Its robots, built on the iCub and ergoCub programs, are targeting deployment in manufacturing, logistics, and hazardous environments.
Paris, France · Startup French AgriTech startup that rates soil health across 35 agronomic indicators—biodiversity, carbon sequestration, and pollution levels—using AI and sensor data, providing continuous monitoring for regenerative farming operations. Clients include LVMH, Rémy Cointreau, and Barilla. VivaTech 2026 Tech for Change finalist.
Córdoba, Spain · Startup Genially is an interactive-content creation platform that lets educators, marketers and businesses build animated, gamified and interactive presentations, infographics and learning materials in the browser without code. By 2025 it had around 45 million users across 190+ countries.
Reykjavik, Iceland · Startup Genki Instruments is a Reykjavik music technology hardware company that creates expressive wearable controllers for musicians and producers. Its flagship product, the Wave MIDI ring, lets performers control sound, effects and DAW parameters using natural hand gestures including tilt, pan, roll, vibrato, tap and click — compatible with Ableton Live, Logic Pro, Pro Tools and more. Founded in 2015 by Daniel Gretarsson, Haukur Ragnarsson Isfeld and Jón Helgi Holmgeirsson, the company won the Icelandic Design Prize in 2019. In 2026 Genki shipped the Katla, a new hybrid polyphonic synthesizer, confirming the studio's ongoing hardware output.
Warsaw, Poland · Startup ESA BIC-backed startup that aggregates satellite, spatial and statistical data to deliver property location risk reports in under a minute, covering flood exposure, noise, transport access and 60+ other indicators for buyers and real estate investors.
Istanbul, Turkey · Startup Getir is an Istanbul-founded ultra-fast grocery and delivery platform that pioneered the 10-minute delivery model before it became a global phenomenon. Founded in 2015 by Nazim Salur, the company built a vertically integrated dark-store and courier network across Turkey before expanding to the UK, Germany, Netherlands, US, and other markets. At its peak Getir raised over $1.8 billion and reached a valuation above $11 billion, making it Turkey's most highly valued startup. The company later consolidated operations and refocused on profitable core markets, representing both the ambition and the operational challenges of the rapid delivery category in Europe.
Budapest, Hungary · Startup GetTech is a Hungarian technology company offering cloud architecture consulting and implementation services with a focus on Microsoft cloud technologies. The company specializes in Microsoft 365 deployments, Power Platform implementations, and cloud adoption strategies for enterprise clients. GetTech is a sponsor of the Shift+Enter Summit and an active contributor to Hungary's Microsoft technology practitioner community.
Paris, France · Startup Paris-based hybrid human-AI contact-centre platform that deploys governed conversational agents for enterprise customer-experience operations. Unlike fully autonomous systems, GetVocal keeps human staff in control of critical decisions. Clients include Vodafone, Glovo, and Movistar. Raised $26M Series A from Creandum.
Berlin, Germany · Startup GetYourGuide is a Berlin-based travel experiences marketplace founded in 2009 by Johannes Reck and Tao Tao. The platform connects travelers with curated tours, activities, and attraction tickets in destinations worldwide, offering everything from skip-the-line museum passes to multi-day excursions. GetYourGuide has raised over $900 million from investors including KKR, SoftBank, and Temasek, reaching a valuation above $2 billion. The company serves tens of millions of travelers annually and has expanded into branded 'Originals' experiences operated under its own quality standards, positioning it as the leading European alternative to Viator in the tours and activities category.
Osijek, Croatia · Startup Gideon Brothers develops AI and 3D-vision-based autonomous mobile robots (AMRs) for material handling in manufacturing, logistics, and warehousing. Their flagship product TREY is an autonomous forklift for trailer loading and unloading, using stereoscopic cameras and deep learning for navigation. The company raised a $31 million Series A in 2021, led by Koch Disruptive Technologies, with backing from DB Schenker and Prologis Ventures.
Paris, France · Startup Gladia is a Paris-based AI company that provides an API platform for real-time and asynchronous speech-to-text transcription and audio intelligence. Its engine supports more than 100 languages and is designed to handle diverse accents and mid-conversation language switching with low latency. The company positions itself as a developer-focused alternative to transcription services from larger cloud providers, serving use cases such as meeting tools, call analytics and media platforms. Gladia raised a $16M Series A in October 2024 led by XAnge to launch its multilingual real-time transcription and analytics engine.
Baku, Azerbaijan · Startup Glorri is a Baku-based HR operating system that unifies sourcing, applicant tracking, interview collaboration, offer management, and onboarding inside a single workflow, with an explicit focus on fast-growing teams in the Caucasus and broader CEE region that have outgrown spreadsheets but can't justify seat pricing from Workday or Greenhouse. The product layers company-branded career pages, a candidate CRM, scorecards, and automated stage progressions onto a mobile-first recruiter experience, and connects to local job boards where traditional global ATS vendors have poor coverage. Glorri gained regional visibility through the 500 Global Eurasia accelerator and is notable as one of the first Azerbaijani HR-tech startups trying to serve the entire hiring funnel rather than just the top-of-funnel sourcing problem.
Barcelona, Spain · Startup Glovo is a Barcelona-based on-demand delivery platform founded in 2015 by Oscar Pierre and Sacha Michaud. The app enables users to order food, groceries, pharmacy items, and courier services with rapid delivery, operating across more than 25 countries in Southern Europe, Eastern Europe, Central Asia, and Africa. In 2022, German delivery giant Delivery Hero acquired a majority stake, valuing Glovo at approximately EUR 2.3 billion. The company has built a strong presence in markets underserved by competitors like Uber Eats and Deliveroo, and has invested heavily in quick-commerce through its own dark stores. Glovo is Spain's most prominent tech unicorn and a key reference point for Barcelona's startup ecosystem.
London, United Kingdom · Startup GoCardless is a London-based fintech founded in 2011 that specialises in collecting recurring bank-to-bank payments, processing Direct Debit and open banking payments for businesses across Europe, North America and Australia. It reached unicorn status in 2022 and handles tens of billions of dollars in payment volume each year for tens of thousands of merchants.
Urretxu, Spain · Startup Basque Country medical robotics company developing AI-powered exoskeletons for neurological rehabilitation. Its devices combine neuromodulation techniques with wearable robotics to help patients with stroke, spinal cord injury, or multiple sclerosis regain walking ability under clinical supervision. Featured at VivaTech 2026 in Paris.
Naxxar, Malta · Startup Good Grants is a cloud-based grants management SaaS platform developed by Creative Force Ltd, a Malta-registered company (Naxxar). Founded in 2013, the platform manages the full grantmaking lifecycle — applications, review, award, and post-award monitoring — for foundations, corporates, scholarship programmes, and NGOs worldwide. The platform is used internationally and integrates with third-party tools via an open API.
Ústí nad Labem, Czech Republic · Startup Cybersecurity SaaS delivering Zero Trust Architecture as a service for SMBs: business VPN, ZTNA, secure web gateway, MFA and device posture checks, deployable in minutes and used by 1,000+ customers in 120+ countries.
Vienna, Austria · Startup GoStudent is a Vienna-based online tutoring platform founded in 2016 by Felix Ohswald and Gregor Mueller. The platform connects students with vetted tutors for one-on-one video lessons across subjects from math and science to languages. GoStudent raised over EUR 675 million and was valued at EUR 3 billion at its 2022 peak, making it one of Europe's most valuable edtech companies. The company operates in over 20 countries and has served more than 1.5 million tutoring sessions. After rapid pandemic-era growth, GoStudent refocused on unit economics and profitability, while expanding into AI-powered learning tools and school partnerships.
Lugano, Switzerland · Startup Develops MADE (Microwave Assisted DEpolymerisation), chemical recycling for PET plastics and polyester textiles able to process PET unrecyclable by mechanical methods. Closed a €15.5M Series B to build an industrial-scale microwave PET recycling plant in Spain.
Warsaw, Poland · Startup Graftcode is a developer-infrastructure platform that removes APIs and middleware by letting applications in different programming languages call each other's methods directly via a proprietary binary protocol. A single command auto-generates and maintains the cross-language module, supporting ~14–20 languages across AWS, Azure and GCP.
Kyiv, Ukraine · Startup Grammarly is an AI-powered writing assistant founded in 2009 in Kyiv by Alex Shevchenko, Max Lytvyn, and Dmytro Lider. The platform offers real-time grammar, spelling, clarity, tone, and style suggestions across browsers, desktop apps, mobile keyboards, and enterprise integrations. Grammarly serves over 30 million daily active users and 70,000 enterprise customers, and has raised over $400 million at a valuation of $13 billion. Now headquartered in San Francisco with continued Ukrainian engineering roots, Grammarly is one of the most successful software companies to emerge from Ukraine and a global leader in AI-assisted communication.
Istanbul, Turkey · Startup Mobile gaming studio building hybrid-casual puzzle titles such as Magic Sort and Block Out, run via a multi-studio model. Surpassed 50M downloads across 200+ countries within two years.
London, United Kingdom · Startup Granola is a London-based maker of an AI-powered meeting notepad. The app combines a user's own typed notes with AI-generated content derived from a meeting's audio transcript, and captures audio directly from the user's device rather than sending a visible bot into video calls. It works across platforms such as Zoom, Google Meet, and Microsoft Teams, and offers calendar integration, pre-meeting briefings, an AI chat over meeting context, and an iPhone app for in-person notes. The company was founded in 2023 by Chris Pedregal and Sam Stephenson and has expanded from an individual meeting notetaker toward a collaborative AI workspace for teams.
Bristol, United Kingdom · Startup Graphcore is a Bristol-based semiconductor company founded in 2016 that designed the Intelligence Processing Unit (IPU), a processor architecture built from the ground up for machine learning and AI workloads. The company raised over $700 million from investors including Sequoia Capital, BMW, Microsoft, and Samsung, reaching a valuation above $2.5 billion. Graphcore developed both hardware and a Poplar software stack to compete with NVIDIA in the AI accelerator market. Its IPU technology represented one of Europe's most ambitious attempts to build a homegrown AI chip ecosystem.
Berlin, Germany · Startup Berlin-based AI startup fighting disinformation by analysing the origin and publication context of images and videos to make reliable authenticity assessments. Built on a multi-agent framework of proprietary fine-tuned models developed in collaboration with DFKI. Won the SPRIND Deepfake Detection Challenge Award.
Dublin, Ireland · Startup AI-driven energy optimisation platform managing distributed and flexible energy resources (battery storage, renewables, EVs, industrial loads) and connecting them to electricity markets across multiple jurisdictions. Founded 2010.
Berlin, Germany · Startup Grover is a Berlin-based technology rental and subscription platform founded in 2015 by Michael Cassau. The company lets consumers and businesses rent electronics such as laptops, smartphones, gaming consoles, and smart home devices on a monthly subscription basis instead of buying them outright. Grover promotes a circular economy model by refurbishing and re-renting returned devices multiple times. The company raised over $1 billion in equity and debt financing and operates across Germany, Austria, the Netherlands, Spain, and the US. It partners with major retailers including MediaMarkt and Samsung.
Warsaw, Poland · Startup Growbots is an AI-powered outbound sales platform that automates lead generation and cold-email outreach for SMBs, combining a database of 180M+ contacts with multi-channel sequences, email warm-up and AI-generated messaging.
Warsaw, Poland · Startup Grupa Pracuj is the parent of Pracuj.pl, Poland's largest online job marketplace, and a portfolio of HR-tech brands across Central and Eastern Europe (eRecruiter, the:protocol, RocketJobs, and Softgarden in Germany). Founded in 2000 by Maciej Noga and Przemysław Gacek, the group went public on the Warsaw Stock Exchange in 2021. It remains the dominant recruitment platform in Poland and a key training ground for many Polish operator-angels.
Kosice, Slovakia · Startup GymBeam is the leading fitness and nutrition D2C brand in Central and Eastern Europe. It uses aggressive data analytics and direct-to-consumer distribution to launch, test, and scale new supplements and wellness products faster than traditional competitors. By 2026, GymBeam is a major ecommerce scale-up with exceptional revenue growth and a growing international footprint, positioning it as a potential IPO or strategic exit candidate.
Birmingham, United Kingdom · Startup Gymshark is a Birmingham-based direct-to-consumer fitness apparel brand founded in 2012 by Ben Francis when he was 19 years old. The company became one of the UK's fastest-growing brands by leveraging influencer marketing and social media before it was standard practice, building a devoted community of fitness enthusiasts. Gymshark reached unicorn status in 2020 when General Atlantic invested at a $1.45 billion valuation. The brand sells primarily online across 180+ countries and has expanded into physical retail. It is one of Europe's best examples of a DTC brand scaling without traditional retail.
Paris, France · Startup H (formerly Holistic) represents France’s second-wave AI builders: less focused on text generation and more focused on action. Founded in 2024 by a team that included former DeepMind researchers such as Charles Kantor and Laurent Sifre, the company drew attention with a seed round that eclipsed prior European records, signaling investor appetite for agentic AI. H’s core thesis is that the next leap is not bigger language models but AI systems that can plan, execute, and verify multi-step workflows across real software interfaces. The company frames this as “RPA 2.0,” using vision-language models to interact with screens and applications rather than brittle scripts and APIs. The firm’s early months were turbulent, including leadership turnover in late 2024, but the product roadmap accelerated. In November 2025 H launched Runner H, a vision-language agent that can see a desktop and operate mouse and keyboard actions to complete tasks such as booking travel, compiling invoices, or processing customer tickets. The release of Surfer-H-CLI soon after gave developers a programmable surface for building web agents, which helped H win mindshare with the European developer community. An acquisition of Mithril Security in 2025 signaled a focus on secure, private agent deployment — a crucial requirement for enterprise adoption, where the biggest fear is an autonomous agent mishandling data or credentials. H is deeply embedded in the Paris AI ecosystem, with early incubation support from Aglae Ventures and strong ties to the Paris AI Hub around Sorbonne and Ecole Polytechnique. Its backers read like a who’s-who of strategic supporters: Accel led financing, Eric Schmidt invested personally, and strategic relationships with Amazon and UiPath position H as a bridge between cloud infrastructure and automation workflows. French tech patrons Xavier Niel and Bernard Arnault provide both capital and political signal value. By early 2026, H is widely watched as a potential category leader in action-oriented AI, competing to become the default “application layer” for autonomous digital workers across Europe’s enterprises.
Athens, Greece · Startup Hack The Box is an Athens-founded cybersecurity training and upskilling platform that provides hands-on hacking labs, capture-the-flag challenges, and continuous skill assessment for security professionals and teams. The platform has built a global community of over 2 million members and serves enterprise clients including Fortune 500 companies looking to benchmark and develop their security workforce. Founded in 2017 by Haris Pylarinos, the company has raised over $55 million and represents one of Greece's fastest-growing tech companies, operating at the intersection of cybersecurity, gaming mechanics, and workforce development.
Riga, Latvia · Startup Handwave is a Riga-based biometrics-as-a-service startup founded in 2021 by Janis Stirna and Sandis Osmanis-Usmanis that replaces cards, phones, and apps with a palm scan for payments, age verification, loyalty activation, and access control. The platform captures both surface palm lines and subdermal vein structures to build a unique encrypted biometric ID backed by two-factor authentication. Handwave has raised €4.3 million in total funding, including a €3.6 million seed round in 2025 led by Practica Capital with participation from FirstPick and Inovo.vc, and is piloting with live retailers across Europe and the US.
Luxembourg City, Luxembourg · Startup Luxembourg-based social-impact startup using AI and positive psychology to build youth mental resilience. Its tools are designed for schools, families, and public health agencies to provide preventive mental-health education for children. Named among the Global Top 30 AI Impact Solutions at the AI Impact Summit 2026. Founded by Luanna Eroles.
Helsinki, Finland · Startup HappySignals is the leading SaaS platform for IT Experience Management (ITXM), measuring how employees perceive IT services and translating that data into productivity and service quality improvements. Founded in Helsinki in 2014, the platform covers over one million employees across 130 countries and integrates with major ITSM tools. In 2024 the company raised €12 million led by Mandatum Asset Management to fund global expansion. Customers using the platform report an average 26% increase in end-user productivity, and the company hosted the inaugural ITXM Summit in London in May 2026.
Kraków, Poland · Startup HCM Deck was founded in 2016 in Kraków by Szymon Janicki and Rafał Nieśluchowski. The company offers a cloud-based employee development platform covering learning, communications, and feedback, serving enterprise clients such as Rossmann, Leroy Merlin, Decathlon, and Allianz. It raised a total of roughly $4M, including a 2019 round led by mAccelerator (mBank's VC fund) with co-investment from Innovation Nest.
Kyiv, Ukraine · Startup EdTech app founded in Kyiv in 2019 offering 15-minute text and audio summaries of nonfiction books, with gamified learning. Surpassed 150M users worldwide.
Sofia, Bulgaria · Startup Healee is a Sofia-based digital health company founded in 2017 by Hristo Kosev and Josif Dishliev. The platform enables healthcare organisations to manage provider scheduling, patient intake, and appointment workflows with support for virtual care models. Healee raised $2 million in 2022 to expand its telehealth solution into the US market and is backed by Eleven Ventures.
Prague, Czech Republic · Startup Hedepy is an online therapy platform connecting patients with certified psychotherapists via video. It has expanded across more than ten European markets, offering multilingual access and flexible scheduling. The service addresses mental health capacity shortages by making therapy easier to access and scale. By 2026, Hedepy is a leading Czech health-tech company in digital mental health.
Tbilisi, Georgia · Startup Helio.ai is an AI-powered recruiting platform from Tbilisi focused on automating candidate screening and improving hiring quality. The product combines ATS workflows, multilingual CV matching, and behavioral assessment tools to help teams make faster, less biased hiring decisions. The company has expanded across regional markets with backing from Georgian and international investors.
Athens, Greece · Startup Hellas Direct is a Greek digital, full-stack insurance company offering car, motorbike and home insurance, along with related mobility services. Founded in 2011 by former consultants and bankers Alexis Pantazis and Emilios Markou, it uses a technology-driven model to provide fast online quotes and 24/7 claims handling. The company operates across Greece, Cyprus and Romania. In February 2024 it raised a €30 million Series B round led by ETF Partners to support climate-focused insurance products and further European expansion.
Munich, Germany · Startup Helsing is a defense technology company building AI software systems for democratic governments and armed forces in Europe. Its platform fuses data from radar, drones, optical and infrared sensors to provide real-time situational awareness and operational decision support. After major growth financing in 2025, Helsing expanded across core European defense programs and into autonomous systems, including the HX-2 platform.
Copenhagen, Denmark · Startup Hemab is a clinical-stage biotech company developing prophylactic therapies for severe bleeding and thrombotic disorders. Founded by biotech operators with Novo Nordisk roots, the company engineers antibody-based treatments aimed at preventing episodes before they occur in underserved rare-disease populations.
Ghent, Belgium · Startup Henchman is a Belgian legal tech company based in Ghent, founded in 2020 by Gilles Mattelin, Jorn Vanysacker and Wouter Van Respaille. Its software connects to a law firm's or legal team's document management system and enriches that internal data so lawyers can draft contracts faster by surfacing and reusing clauses and definitions from their own past documents. The company served law firms and in-house legal teams across Europe and the United States. In June 2024 LexisNexis Legal & Professional (part of RELX) announced an agreement to acquire Henchman, completing the acquisition later in 2024.
Istanbul, Turkey · Startup Hepsiburada is one of Turkey's two largest e-commerce platforms, running a marketplace, first-party retail, express logistics, payments (HepsiPay), and advertising network serving tens of millions of monthly customers. Founded in 2000 by Hanzade Doğan Boyner, the company was the first major Turkish internet company to list on a US stock exchange when it IPO'd on Nasdaq (HEPS) in 2021 — a milestone that put Turkish consumer tech firmly on the radar of international public-market investors. Hepsiburada differentiates from Trendyol through its stronger positioning in 1P inventory, premium electronics, and its in-house payment infrastructure, and has built one of the largest same-day and next-day last-mile networks in the country. For the directory it is a key example of a Turkish consumer-internet story that reached public markets on its own, rather than through strategic acquisition.
Barcelona, Spain · Startup Heura Foods is a Barcelona-based plant-based protein company that creates Mediterranean-inspired meat alternatives — chicken, burgers, sausages — using its proprietary Good Rebel Tech platform. Founded in 2017 by food activists Marc Coloma and Bernat Añaños, it reached €38M in sales in 2024 on 35% Southern European growth and became EBITDA-positive for the first time in Q1 2026. Backed by a €20M EIB financing package, the company is expanding into B2B white-label production and diversifying into plant-based cheese, cold cuts, and protein pasta across Spain, Portugal, Italy, and France.
London, United Kingdom · Startup All-in-one HR platform ('Bob') for mid-sized and multinational companies covering core HR, talent, payroll, benefits, workforce planning and an embedded AI assistant. Founded 2015 with London and Tel Aviv roots.
Landshut, Germany · Startup Industrial IoT data platform (formerly dc-square) founded in 2012 in Landshut, providing an MQTT broker, edge gateway and stream governance to connect operational data for clients like BMW and Ford.
Barcelona, Spain · Startup Holaluz is a green-energy retailer selling 100% renewable electricity to residential and business customers across Spain. It also installs rooftop solar and buys back surplus energy, driving a consumer-led 'Rooftop Revolution.' Listed on BME Growth (HLZ) since 2019.
Barcelona, Spain · Startup Holded is an all-in-one cloud business-management platform for SMBs, unifying invoicing, accounting, CRM, inventory, HR/payroll and project management in one interface. It became Spain's fastest-growing cloud ERP and accounting platform. Acquired by Visma in 2021 (€120M).
Warsaw, Poland · Startup Holi, founded in 2023 and headquartered in Warsaw, is a digital metabolic wellness clinic focused on obesity treatment and long-term weight management. It combines medical supervision, GLP-1-based pharmacotherapy where appropriate and behavioural support delivered through an integrated app, with care from physicians and psycho-dietitians, ePrescriptions and measurement tracking. Holi reports more than 2,500 patients served.
Warsaw, Poland · Startup HomeDoctor is a Polish digital-health platform offering telemedicine consultations and in-home doctor visits across 30+ specialties. It runs a B2B model partnering with medical centres, insurers and employers to provide healthcare as a corporate benefit, with 200+ doctors serving patients nationwide.
Amsterdam, Netherlands · Startup Homerun is an Amsterdam-based recruitment and applicant tracking system (ATS) founded in 2015, purpose-built for small and medium-sized businesses that prioritise employer branding and candidate experience. The platform enables companies to create customised career pages, manage candidate pipelines, and collaborate on hiring decisions. In January 2024 Homerun was acquired by ISH Holding, a B2B SaaS group, while continuing to operate independently under its own brand.
London, United Kingdom · Startup Virtual and hybrid event platform enabling immersive conferences, expos, and town halls. Hopin is a startup based in London, United Kingdom at the growth stage. The company operates in the Events, Software space. Learn more at their website.
Kaunas, Lithuania · Startup Hostinger is a Kaunas-founded web hosting company launched in 2004 that has grown into one of the largest independent hosting providers globally, serving millions of customers across 150+ countries. The company offers shared hosting, cloud hosting, VPS, domain registration, and an AI-powered website builder at aggressively competitive price points. Hostinger is known for making web presence affordable for individuals, freelancers, and small businesses worldwide. With a strong engineering base in Lithuania and offices across multiple continents, the company is one of the Baltic region's most successful bootstrapped technology businesses.
St. Julian's, Malta · Startup Hotjar is a Malta-founded UX analytics company that made visual product and website behavior analysis accessible to a far broader market. Its core tools, including heatmaps, session recordings, funnels, and feedback widgets, let teams see how users actually move through a digital experience rather than only reading aggregate analytics dashboards. That changed how many product and marketing teams approached optimization, because the software exposed friction in onboarding, checkout, and navigation flows without requiring a heavyweight research stack. Hotjar became particularly influential through a product-led growth model that allowed adoption to spread widely across startups, agencies, and mid-market businesses. In the European ecosystem, the company is a notable example of a globally deployed SaaS product built from a smaller market but distributed with strong self-serve efficiency. It is also a natural fit in the directory because it connects directly to product management, conversion optimization, and growth analysis across many other digital companies.
Cologne, Germany · Startup HRS Group is a Cologne-based corporate hotel solutions provider founded in 1972 that has transformed from a traditional hotel booking service into a technology-driven platform for corporate travel management. The company provides enterprise hotel programs, meeting and event booking, payment solutions, and rate auditing tools to large corporations. HRS manages hotel programs for many Fortune 500 companies and processes billions of euros in hotel spending annually. While not a startup in the traditional sense, HRS has reinvented itself through technology, building an enterprise platform that competes globally in the corporate lodging space.
Tbilisi, Georgia · Startup Blockchain infrastructure startup operating from Tbilisi since 2020, building a crypto-biometric network where one human equals one node. Humanode uses Proof-of-Uniqueness and Proof-of-Existence protocols based on biometric face scanning to establish Sybil resistance without revealing identity. The network is built on Polkadot infrastructure and in 2024 recorded a Nakamoto Coefficient of 236 — the highest decentralisation score ever measured for a blockchain. The project has raised approximately $23 million.
Belgrade, Serbia · Startup Hunch is a creative ads automation platform that combines AI-driven dynamic creative assembly, product-feed data science, and real-time social media placement for performance marketers. Founded in 2018 by Igor Simovic, Sinisa Rakovic, and Nikola Milenkovic, the platform enables brands and agencies to produce and personalise thousands of image and video ads at scale across Facebook, Instagram, and Google. Hunch has delivered over a billion personalised creative assets and executed more than 50,000 personalisation campaigns. The company raised a €4M Series A in 2022 led by Catalyst Romania, with participation from 3TS Capital Partners, Euroventures, SeedBlink, and South Central Ventures.
Oslo, Norway · Startup Hyke is a Norwegian zero-emission electric ferry startup founded in 2018 by designer and entrepreneur Bård Eker as a spin-out from Eker Group. Its lightweight, fully electric ferries use up to 88% less energy than diesel equivalents and are designed for autonomous operation in urban and inland waterways. The F-15 shuttle completed a 14-month public transport trial in Fredrikstad carrying over 41,000 passengers between April 2024 and mid-2025. Hyke supplied river shuttles for the Paris 2024 Olympic Games with backing from RIVE Private Investment, and former Norwegian Minister of Transport Ketil Solvik-Olsen joined as a key executive.
Riga, Latvia · Startup Hyperjob is a recruitment SaaS platform that lets companies create branded, interactive job-ad microsites reported to achieve up to six times higher candidate conversion rates than plain job board listings. Founded in 2021 by Janis Kreilis, Juris Sorokins, and Roberts Tomme, the company raised €435k in a seed round led by SMOK Ventures in 2023. The platform also offers automated, personalised LinkedIn and email candidate outreach.
Oslo, Norway · Startup Hystar is an Oslo-based green hydrogen company founded in 2020 as a spin-off from SINTEF. The company manufactures PEM (proton exchange membrane) electrolysers with membranes 90% thinner than conventional alternatives, significantly cutting electricity consumption and the levelised cost of green hydrogen. Hystar raised $36 million in a Series C round in May 2025 co-led by Nysnø Climate Investments and Orlen VC, building on a $26 million Series B in 2023. The company also secured €26 million from the EU Innovation Fund in late 2024 to support construction of a 1.5 GW automated gigafactory in Høvik, Norway, targeting 4.5 GW capacity by 2031.
Szczecin, Poland · Startup IAI (IdoSell) is a Szczecin-based e-commerce SaaS platform that provides merchants with a complete toolkit to run online stores, integrate with marketplaces like Allegro and Amazon, and manage multi-channel order operations at scale. Founded as one of Poland's earliest e-commerce infrastructure companies, IdoSell powers thousands of online shops and processes billions of PLN in gross merchandise volume annually. The platform includes product catalog management, warehouse logistics, payment processing, and cross-border selling capabilities, making it a core part of the Polish e-commerce stack.
Espoo, Finland · Startup ICEYE operates the world's largest synthetic aperture radar (SAR) satellite constellation, providing persistent Earth observation data regardless of weather or daylight conditions. Founded in 2014 as an Aalto University spin-off, the company builds its satellites in-house in Espoo and serves defence, insurance, disaster response and environmental monitoring customers. By 2026 it had launched over 35 satellites with a valuation of $2.8 billion, and signed contracts with the Finnish, Polish and Swedish armed forces for national SAR satellite programmes.
Milan, Italy · Startup identifAI builds AI-powered deepfake and synthetic media detection technology, using 36 proprietary de-generative models to analyze images, videos, and audio for manipulation at pixel-level probabilistic patterns rather than superficial artefacts. Founded in 2024 in Cesena and Milan by cybersecurity veterans Marco Ramilli and Marco Castaldo, the company serves insurers, healthcare providers, HR departments, financial institutions, and government agencies for KYC verification and fraud prevention. Processing millions of checks daily, identifAI has raised €7.2 million (including €5 million led by United Ventures), was named a sample vendor in Gartner's 2026 Emerging Tech report, and counts Experian and KPMG among its clients.
Madrid, Spain · Startup Idoven is a Madrid-based digital health startup that uses AI to transform ECG analysis and cardiovascular diagnostics. Its Willem™ platform analyses 50,000 heartbeats in 60 seconds, identifying 86 electrical heart conditions that represent 90% of common cardiac problems — reaching 96.4% accuracy for atrial fibrillation detection. Founded in 2019 by Manuel Marina Breysse, José María Lillo Castellano, and Íñigo Juantegui, the company raised €18.5M Series A co-led by Insight Partners and Northzone with Wayra participation. Idoven operates B2B through hospitals, pharmaceutical trials, and healthcare systems, and employs 71 people as of early 2026.
Paris, France · Startup Developed Voltage Induced Reverse Osmosis (VIRO), a pressure-free desalination technology that uses a low-voltage panel to drive water through standard RO membranes, removing the need for high-pressure pumps. Spun out of ENS-PSL Paris.
Sofia, Bulgaria · Startup Imagga is a Sofia-based computer-vision company that sells image-understanding as an API: automatic tagging, categorization, adult-content moderation, face detection, color extraction, visual similarity, and custom-trained classifiers for domain-specific use cases. The product is used by stock-photo platforms, digital asset management vendors, e-commerce catalogs, and moderation teams that need to understand millions of images without staffing a full ML team internally. Founded in 2008 by Georgi Kadrev and Chris Georgiev, Imagga is one of the oldest continuously operating computer-vision API providers in Europe — predating most of the current AI wave — and has been used in millions of production deployments. Today it competes with Google Vision, AWS Rekognition, and Clarifai from a Sofia engineering base, and continues to specialize in on-premise and private-cloud deployments that US hyperscaler APIs cannot match.
London, United Kingdom · Startup Improbable is a London-based technology company founded in 2012 that builds networked simulation and virtual world infrastructure. Originally known for SpatialOS, a distributed computing platform enabling massive-scale game worlds, the company pivoted toward defense and metaverse applications. Improbable raised over $600 million including a $502 million Series B led by SoftBank in 2017. Its defense division provides synthetic environments for military training and planning. The company also explored metaverse networks before refocusing on enterprise and government simulation use cases.
London, United Kingdom · Startup London-based AI research lab founded by David Silver, former lead of DeepMind's reinforcement-learning team, aiming to build a self-improving AI that discovers knowledge entirely from experience without relying on human-labelled data. Raised a record $1.1B seed round at a $5.1B valuation, backed by Sequoia, Lightspeed, Nvidia, Google, and the UK's Sovereign AI Fund.
Berlin, Germany · Startup Infarm was a Berlin-based indoor vertical farming startup founded in 2013 by brothers Erez and Guy Galonska along with Osnat Michaeli. The company deployed modular hydroponic farming units inside supermarkets, restaurants, and distribution centers, growing herbs and leafy greens close to the point of consumption. At its peak, Infarm raised over $600 million from investors including Atomico, Balderton, and LGT Lightstone, and operated across Germany, France, the UK, and North America. The company restructured significantly in 2022-2023 after rapid expansion outpaced unit economics, making it a cautionary tale in European agritech about scaling hardware-heavy models.
Wroclaw, Poland · Startup Health AI company building medical guidance and triage tools for providers, insurers, and digital health platforms. Its platform automates symptom assessment and patient routing in multiple languages across international markets.
Vodnjan, Croatia · Startup Infobip is a Croatian communications infrastructure company that became one of Europe's most significant API businesses by connecting enterprises to global mobile and messaging networks. Its platform lets companies send and orchestrate customer interactions across SMS, voice, email, WhatsApp, and other channels through a unified developer and enterprise interface. The company's strategic advantage comes from its direct relationships with telecom operators and its focus on delivery reliability, compliance, and reach at global scale. That makes Infobip a foundational layer for authentication flows, service alerts, customer support, and transactional communication used by digital businesses around the world. In ecosystem terms, it is important not only because of its size, but because it offers a different European success model: a deeply technical, infrastructure-heavy company built far from the continent's biggest venture hubs. It is a strong addition to the directory because it broadens the map of European startup success beyond SaaS and marketplaces into telecom-grade platform infrastructure.
Porto, Portugal · Startup Intelligent, collaborative facilities and maintenance management (CMMS) SaaS platform managing 50,000+ buildings across 17+ countries; clients include Primark, Siemens and Marriott. Founded 2015.
Warsaw, Poland · Startup Warsaw-based AI biotech founded in 2023 by the team behind Applica (acquired by Snowflake), building a Biological Reasoning Engine that fuses multimodal biological data to accelerate oncology drug discovery. Raised €13M led by Sofinnova Partners.
Berlin, Germany · Startup Inkitt is a Berlin-based reader-powered book publishing platform founded in 2014 by Ali Albazaz. The platform uses AI and reader engagement data to identify commercially promising stories from independent authors and offers publishing deals to the most successful ones. Inkitt also operates GALATEA, a mobile storytelling app that has reached significant consumer traction globally. The company has raised multiple funding rounds including a Series C led by Khosla Ventures.
Paris, France · Startup Produces sustainable insect-based ingredients from the Black Soldier Fly for aquaculture, pet food and plant nutrition. Founded in 2016, it has produced over 15,000 tonnes of protein and oil and secured €51M to scale commercial growth.
Bratislava, Slovakia · Startup Innovatrics is a global leader in biometrics, known for highly accurate fingerprint and facial recognition algorithms. Its technology is used by governments and enterprises for elections, border control, national ID systems, and KYC compliance. The company is established, profitable, and influential in the identity market, exporting Slovak engineering excellence into critical infrastructure worldwide.
Paris, France · Startup Profitable French scale-up providing an AI-first digital operating platform for restaurants and contract catering: POS, self-ordering kiosks, kitchen display systems and an Atlas AI agent for back-office automation. Active in France, Spain, Italy and Morocco with ~800 clients including Elior and Sodexo.
Bratislava, Slovakia · Startup InoBat builds custom-designed batteries for demanding applications such as aviation, premium EVs, and performance mobility. Unlike standard gigafactory players, InoBat focuses on tailored R&D, pilot production, and high-value customers that require specialized chemistry and form factors. By 2026, the company is a strategic player in the EU battery value chain with backing from partners like Rio Tinto and Gotion High-Tech, positioning Slovakia as a serious contributor to Europe’s energy storage ecosystem.
Kraków, Poland · Startup InPost is a Polish logistics company that pioneered the parcel-locker model in Europe, allowing customers to send and receive packages from automated self-service points (Paczkomaty) instead of home delivery. Founded by Rafał Brzoska, it grew into the largest out-of-home delivery network in Poland and expanded into the UK, France, Italy, and the Benelux. InPost went public on the Amsterdam Euronext stock exchange in January 2021 in one of Europe's largest tech IPOs of that year.
Istanbul, Turkey · Startup Insider is an Istanbul-founded marketing technology platform that uses AI to help brands deliver personalized, cross-channel customer experiences across web, mobile, email, messaging, and advertising touchpoints. The platform unifies customer data, predicts behavior, and automates individualized content delivery at scale. Insider has raised over $270 million, achieved unicorn status, and serves over 1,200 enterprise customers including Samsung, IKEA, and Estee Lauder across 28 countries. Co-founded in 2012 by Hande Cilingir, Insider is one of Turkey's most prominent B2B technology exports and a rare example of a martech unicorn built outside of Silicon Valley.
Vilnius, Lithuania · Startup InSoil (rebranded from HeavyFinance in April 2025) is a climate finance company founded in 2020 in Vilnius. It operates a regulated crowdfunding marketplace providing debt capital to small and medium-sized farming businesses to adopt regenerative agriculture practices such as no-till farming and cover cropping. The European Investment Fund committed €20 million as a cornerstone investor in its €50 million private credit fund. The platform is licensed as a European Crowdfunding Service Provider by the Bank of Lithuania.
Warsaw, Poland · Startup Creator-economy ad platform connecting brands with livestreamers through automated micro-sponsorships. It places lightweight, context-aware overlays in live broadcasts and supports large-scale campaigns for gaming and media brands.
Stockholm, Sweden · Startup Insurely is a Stockholm-based open finance and open insurance data infrastructure company founded in 2018. It provides consented, structured real-time access to consumer financial data across insurance, pensions, investments, savings, and credit, enabling banks, fintechs, and AI companies to build services such as provider switching, pension transfers, and personalised financial advice. The company offers two main product lines: Open Finance Data Access for data users and Open Finance Premium APIs for data providers. Insurely is registered as an insurance intermediary with the Swedish Financial Supervisory Authority and serves European financial institutions.
London, United Kingdom · Startup Interactive Investor was founded in 1994 by Sherry Coutu as one of the UK's first online retail investment and brokerage platforms. It floated on the London Stock Exchange in 2000 and was sold to AMP in 2001 following the dot-com crash. After a 2003 management buyout the business was rebuilt independently, and in 2022 it was acquired by abrdn for £1.49 billion, becoming one of the UK's largest flat-fee investment platforms.
Dublin, Ireland · Startup Intercom is the Dublin-founded customer-messaging and support platform that effectively invented the in-app chat widget category in the early 2010s and has since evolved into one of the most widely deployed AI customer-service products in B2B SaaS. The company was started in 2011 by four Trinity College Dublin graduates — Eoghan McCabe, Des Traynor, Ciaran Lee, and David Barrett — who combined messaging, user segmentation, and lifecycle marketing into a single pane of glass at a time when enterprise support software was still dominated by ticket queues. Intercom's current product centers on Fin, its LLM-backed support agent that answers customer questions autonomously against a company's knowledge base, and it has become one of the clearest commercial examples of a pre-AI SaaS incumbent successfully retooling its core product around generative AI. The company is now headquartered in San Francisco but maintains a very large Dublin engineering and product office, and together with Stripe it is one of the canonical 'Irish mafia' software stories.
Prague, Czech Republic · Startup Inventoro provides AI-driven sales forecasting and inventory optimization for SMB retailers. The platform recommends what to order, when to reorder, and how to reduce dead stock, helping merchants improve margins. It integrates with POS and ecommerce systems to automate demand planning without enterprise complexity. By 2026, Inventoro is a fast-growing Czech AI retail-tech company.
Lisbon, Portugal · Startup AI-powered debt-collection SaaS that automates accounts-receivable management, using machine learning to optimise the timing, tone and channel of debtor outreach for faster recovery.
Espoo, Finland · Startup IQM Quantum Computers is a full-stack quantum computing company founded in 2018 as a spin-off from Aalto University and VTT. It designs and manufactures superconducting quantum processors sold as on-premises systems to research institutions, supercomputing centres and enterprises. By early 2026 IQM had delivered 21 quantum systems to 13 customers globally and secured over €600 million in funding, including a €275 million Series B. The company reached unicorn status in September 2025 and announced plans for a public listing at a $1.8 billion valuation in February 2026.
Munich, Germany · Startup Isar Aerospace is a Munich-based space launch company founded in 2018 by Daniel Metzler, Josef Fleischmann, and Markus Brandl, all graduates of TU Munich. The company is developing Spectrum, a two-stage launch vehicle designed to carry small and medium-sized satellite payloads to orbit at a significantly lower cost than traditional European launchers. Isar Aerospace has raised over EUR 300 million from investors including HV Capital, Porsche SE, Airbus Ventures, and Lombard Odier, making it one of Europe's best-funded NewSpace ventures. With a launch site agreement in Andoya, Norway, Isar Aerospace is positioned to offer Europe independent, commercial access to space as demand for small satellite launches accelerates.
Warsaw, Poland · Startup iTaxi is a Polish taxi-ordering and mobility app, one of the country's pioneering ride-hailing platforms, connecting passengers with licensed taxis via smartphone across major Polish cities and offering corporate/business transport services. It was co-founded around 2012 by serial entrepreneur Lech Kaniuk, who served as CEO until 2018, and grew into one of Poland's best-known mobility brands before later consolidation in the Polish taxi-app market.
Istanbul, Turkey · Startup iyzico is an Istanbul-founded payment processor and merchant-acquiring platform that became Turkey's most visible fintech exit when it was acquired by Naspers-owned PayU in 2019 for around USD 165 million, at the time one of the largest fintech deals in Turkish history. Founded in 2013 by Barbaros Özbugutu and Tahsin Isin, iyzico built a developer-friendly API stack for accepting card payments, recurring billing, marketplace split payments, and fraud detection in the Turkish market, and layered a 'buy now, pay later' product on top that became a default installment option for thousands of Turkish e-commerce merchants. Even inside PayU, iyzico continues to operate as the Turkish merchant payments brand and has expanded into additional financial services, making it a canonical reference for how a CEE/MENA fintech can convert a tough local regulatory environment into a defensible commercial wedge.
Milan, Italy · Startup Jet HR is an all-in-one Italian HR and payroll platform designed to eliminate the bureaucratic complexity of managing employees under Italian labour law. Founded in 2023 by Marco Ogliengo and Francesco Scalambrino, the Milan company automates hiring, payroll, shift management, expense reports, and compliance into a single system with dedicated labour law consultants included. Used by over 1,000 Italian companies across hospitality, tech, and manufacturing, Jet HR has raised €41.7 million — including a €25 million round led by US VC Base10 Partners — making it one of Italy's fastest-growing B2B SaaS startups.
Luxembourg City, Luxembourg · Startup Job Today is a Luxembourg-registered mobile-first hiring platform focused on the hourly-and-service segment of the labor market — retail, hospitality, warehouses, logistics, beauty, care — where traditional job boards like LinkedIn and Indeed have always been an awkward fit. The product lets candidates build a one-tap profile, browse open roles around their location, and chat directly with employers inside the app, effectively turning the recruiting process into a messaging experience closer to Tinder or WhatsApp than a legacy ATS. Founded by Polina Montano and Eugene Mizin in 2015, the company raised over USD 35 million from investors including Accel and Mangrove Capital Partners and operates primarily in the UK and Spain. Job Today is one of the more visible consumer-facing tech companies headquartered out of Luxembourg and a useful example of how the country's legal and corporate infrastructure attracts startups far beyond pure finance.
Madrid, Spain · Startup Job&Talent is a Madrid-born AI-powered workforce management platform connecting businesses with temporary and essential workers at scale. Founded in 2009 by Juan Urdiales and Felipe Navío, it has evolved into Europe's largest tech-enabled staffing marketplace, handling real-time shift planning, attendance, and worker retention. In April 2025 the company raised €92M at a €1.3B valuation — backed by Atomico, BlackRock, Kinnevik, and Goldman Sachs — to accelerate AI agents for workforce reliability. Total funding exceeds $1.2B, and the platform operates across Spain, the UK, Germany, France, and the US.
Belgrade, Serbia · Startup Joberty is a Belgrade-based workplace community and employer review platform built for the tech industry, combining a Glassdoor-style review engine with a tech jobs board and salary benchmarking data. Founded in 2019 by Nikola Mijailovic, Dusica Mijailovic, Slavko Saponjic, and Nebojsa Aradski, the platform allows developers to research companies, explore salaries, read interview experiences, and apply for tech roles. Joberty has expanded to six markets — Serbia, Croatia, Bulgaria, Romania, North Macedonia, and Slovenia — and won the Gitex Future Stars competition in Dubai. Its CompensationX product provides real-time salary benchmarking for IT companies across the region.
Paris, France · Startup Joko is a Paris-based consumer fintech that rewards users with cashback on their everyday purchases. Through a mobile app and browser extension, it automatically detects qualifying transactions at partner retailers and credits users with rewards, both online and in store. The company's technology builds on PSD2 open banking, connecting to users' bank cards to identify eligible spending without manual scanning of loyalty cards. Joko raised a €10M Series A in October 2020, led by Partech and Axeleo, bringing total funding to around €12M at that time.
Horsham, United Kingdom · Startup Develops patent-pending faecal management briefs that contain stool in a disposable pouch immediately after excretion, cutting stool-to-skin contact and care-change time. Founded after the founder lost his father to pancreatic cancer. Targets care homes, hospitals and domiciliary care.
Porto, Portugal · Startup Client-side security platform that protects JavaScript and web pages from tampering, supply-chain attacks and data leaks, with PCI DSS and GDPR compliance tooling. Trusted by Fortune 500 firms.
Ljubljana, Slovenia · Startup Juicy Marbles was founded in 2019 by Maj Hrovat, Luka Sinček, and Tilen Travnik and produces whole-cut, plant-based meat products including a flagship vegan filet mignon and marbled steaks made primarily from soy protein. The company raised $4.5 million in a seed round in 2021 backed by investors including Y Combinator. Its products are sold in approximately 3,500 stores across Europe and North America through retailers including Tesco, Sainsbury's, Waitrose, Whole Foods, Migros, and Lidl. Production is carried out by BEVO d.o.o. in Slovenia.
Gothenburg, Sweden · Startup Juni is a Gothenburg-based financial management platform for e-commerce businesses, founded in June 2020 by Samir El-Sabini, Jonathan Sanders, and Anders Orsedal. The platform offers multi-currency accounts, virtual and physical cards, credit products, analytics, and accounting integrations designed specifically for online merchants and digital advertisers. Juni holds an Electronic Money Institution (EMI) licence from Sweden's Finansinspektionen and has raised $282 million across five funding rounds including a $206 million Series B.
Kolding, Denmark · Startup Just Eat began in Kolding in 2001 as one of the first online takeaway ordering marketplaces in Europe. After early traction in Denmark, the company relocated to London and expanded aggressively across Europe and beyond through acquisitions and country launches. Just Eat listed on the London Stock Exchange in 2014 and later merged with Takeaway.com, forming one of the largest food delivery groups globally. The company is a defining example of a Danish startup scaling into a multi-billion euro public business.
Amsterdam, Netherlands · Startup Just Eat Takeaway.com is an Amsterdam-headquartered online food delivery marketplace formed from the 2020 merger of Dutch Takeaway.com and British Just Eat. The combined company became one of the world's largest food delivery platforms, operating in over 20 countries across Europe, North America, and Australasia. The company briefly owned Grubhub in the US before divesting it. Listed on the London and Amsterdam stock exchanges, Just Eat Takeaway connects millions of consumers with hundreds of thousands of restaurant partners. The company has faced intense competition from Uber Eats and Deliveroo but remains a dominant player in many European markets.
Warsaw, Poland · Startup Jutro Medical is a Warsaw-based, AI-first primary care operator that integrates online and offline care. Founded in 2020, it has grown from a single tech-enabled clinic into an integrated operator running around 20 clinics across Poland and serving roughly 120,000 patients. The company embeds AI agents directly into clinical workflows to handle patient intake and documentation, freeing doctors for clinical decisions.
Oslo, Norway · Startup Kahoot! is an Oslo-based game-based learning platform that has transformed how educators, trainers, and corporate teams engage audiences through interactive quizzes, presentations, and knowledge checks. The platform has hosted billions of cumulative participants across 200+ countries and serves both the K-12 education market and enterprise training use cases. Kahoot! went public on the Oslo Stock Exchange and has acquired complementary edtech products including Clever and Motimate to expand its learning ecosystem. With its combination of consumer virality and enterprise adoption, Kahoot! is one of Norway's most recognizable global technology brands and a defining example of gamification applied to learning at massive scale.
Ljubljana, Slovenia · Startup Katalist is a Slovenian-founded generative-AI startup building an end-to-end pre-production workspace for video: writers and directors can import or draft a script, let the system break it down into beats, shots, and storyboards, generate consistent character and location renders, and iterate on the look of every scene before a single frame is filmed. The key differentiator is character- and setting-consistency across shots — the hard problem that plagues early image and video models — which Katalist addresses with reference-conditioning and scene graphs rather than naive prompt chaining. The target users are in-house content teams at brands, boutique production studios, and advertising agencies that have to produce far more video than their traditional pipelines can absorb, and that need a visual ideation layer that survives client feedback cycles. The company graduated from 500 Global's Eurasia program and is one of the more interesting European pre-production tools competing with the LTX Studio / Showrunner generation of US AI-film products.
Tallinn, Estonia · Startup Cloud inventory and manufacturing (MRP) software for product businesses, with real-time stock control across channels and production workflows. Founded 2017 in Tallinn.
Prague, Czech Republic · Startup Keboola provides an all-in-one data operations platform for connecting, cleaning, and orchestrating data pipelines. It is known for flexibility, modularity, and an enterprise-grade pay-as-you-go model. The company has been profitable for years and raised a late Series A to accelerate global expansion. By 2026, Keboola is a trusted DataOps layer for mid-market and enterprise customers.
Cork, Ireland · Startup AI-native agentic sourcing and procurement-optimization platform that automates enterprise sourcing events end-to-end, optimizing over $100bn in annual spend. Customers include Mars and Coca-Cola. Founded 2012.
Tbilisi, Georgia · Startup QR-based payments fintech founded in Tbilisi in 2023. Keepz enables merchants to accept payments via Apple Pay, Google Pay, bank cards, open banking, and cryptocurrency without requiring customers to download an app. The company was the first in Georgia to obtain an open banking licence and, in December 2024, helped Georgia become one of the first countries to enable tax payments via digital assets. It has onboarded over 20,000 merchants and is expanding into Turkey and Italy.
Isafjordur, Iceland · Startup Kerecis is an Icelandic biotech and medical technology company known for developing wound-healing products derived from fish skin. Its work is notable because it turns a locally abundant natural material into a clinically relevant regenerative scaffold used in difficult wound-care cases, including burns, trauma, and chronic ulcers. The biological rationale and manufacturing approach set it apart from software-led health companies: this is a deep life-science and materials business built around research, regulatory rigor, and medical adoption. In the European ecosystem, Kerecis is a useful example of how world-class biotech can emerge from a small geography when the product is grounded in differentiated science and clear clinical utility. It expands the directory's health coverage into advanced materials and tissue regeneration, complementing digital health and wearable platforms without overlapping with them. For the broader startup map, Kerecis shows that high-impact European innovation is not limited to apps or infrastructure, but also includes biologically sophisticated products with global medical significance.
Vilnius, Lithuania · Startup Kilo Health is a Vilnius-based digital health company founded in 2013 that builds, acquires, and scales a portfolio of 30+ health and wellness apps spanning weight management, fitness, mental health, chronic disease management, and personal care. The company serves over 7 million paying customers globally and employs 500+ people across Lithuania, Germany, and Latvia. Kilo Health operates as a health-app studio, applying performance marketing expertise and data-driven product iteration to grow individual apps rapidly. It is one of the largest and most profitable digital health companies in the Baltics, demonstrating Lithuania's strength in consumer app businesses.
Munich, Germany · Startup Kiutra is a Munich-based deep tech startup developing cryogenic systems and services for quantum technologies. The company manufactures helium-3-free cryostats that reach sub-kelvin and millikelvin temperatures, including the L-Type Rapid, X-Type, S-Type, and T-Type product lines, and offers cryogenic characterisation lab services for quantum device development. Kiutra serves leading quantum computing companies and research institutions globally and is a sponsor of Finnish Quantum Days 2026.
Brno, Czech Republic · Startup Kiwi.com is a Brno-founded online travel agency that uses proprietary Virtual Interlining technology to combine flights from airlines that do not formally codeshare, creating unique multi-carrier itineraries unavailable on traditional booking platforms. The platform searches across 750+ carriers including low-cost airlines, trains, and buses to find the cheapest routes. Founded in 2012 by Oliver Dlouhy, the company grew rapidly and became one of the largest travel booking platforms in Europe, processing tens of millions of bookings annually. Kiwi.com also offers a Guarantee product that protects travelers on self-transfer connections.
Stockholm, Sweden · Startup Klarna is a Swedish fintech company that pioneered the “buy now, pay later” (BNPL) model globally. Founded in 2005 by Sebastian Siemiatkowski, Niklas Adalberth, and Victor Jacobsson, Klarna started by offering online shoppers in Sweden a way to purchase goods on invoice (pay after delivery). Over the next decade, the company expanded across Europe and beyond, becoming a dominant online payments provider. As of 2021, Klarna was Europe’s highest-valued private tech company at $45.6 billion, reflecting meteoric growth fueled by consumers’ appetite for installment payments. Klarna’s app and services allow users to split purchases into interest-free installments or pay later, and it partners with over 450,000 retailers worldwide, including global brands like H&M, IKEA, and Nike. The company has over 150 million users across 45 countries and handled $80 billion in transaction volume in 2021. Klarna’s journey, however, has seen dramatic swings: after reaching a $45B valuation in mid-2021, a combination of rising interest rates and tech market downturn led to a downround in 2022, cutting its valuation to $6.7 billion (an 85% drop). The company restructured, laying off 10% of its staff, and refocused on profitability. By 2023, Klarna returned to profit and saw renewed growth, aided by expanding beyond BNPL into a full shopping app with price comparison, loyalty features, and banking services (Klarna obtained a banking license in Europe in 2017). In 2025, Klarna reportedly delayed an IPO amid market volatility but ultimately went public in September 2025, raising $1.37 billion. Despite valuation fluctuations, Klarna remains the global leader in BNPL, with a strong brand among Gen Z and millennial shoppers. Its journey from a small Stockholm startup to a financial giant serving 65 million customers (2025) at one point valued at $75 billion exemplifies the rise (and resiliency) of Europe’s fintech sector.
Nitra, Slovakia · Startup KleinVision is the creator of the AirCar, a dual-mode vehicle that can drive on roads and transform into a certified aircraft. The AirCar has received a Certificate of Airworthiness and completed cross-country test flights, making it one of the few credible flying-car projects globally. By 2026, the company is working toward small-scale production and licensing partnerships, including interest from international markets such as China.
Luxembourg City, Luxembourg · Startup Kneip is a Luxembourg-founded investment-data and fund-reporting company that sits in the plumbing between asset managers, fund domiciles, and the distribution channels (banks, platforms, regulators) where funds are actually sold. For decades it has been one of the largest providers of European fund data dissemination, handling NAVs, KIIDs/PRIIPs KIDs, MiFID II data templates, and regulatory reporting packages for hundreds of asset managers — unglamorous but absolutely load-bearing infrastructure for the EUR 5-trillion-plus Luxembourg fund industry. In 2022 Kneip was acquired by Deutsche Börse and integrated into the group's data-services business, effectively turning a Luxembourg-grown fund-tech operator into part of a top-tier European exchange's data franchise. It is a clean example of how Luxembourg's tax and legal specialization in funds translates into globally relevant software companies that outsiders rarely hear about.
Budapest, Hungary · Startup AI platform that maps, documents and modernises legacy enterprise software entirely on-premises, keeping source code and data inside the customer's environment. Built for regulated banking, insurance and energy; raised a $6.6M seed led by VentureFriends.
Gothenburg, Sweden · Startup Kognic is a Gothenburg-based AI company, formerly known as Annotell, founded in 2018 that provides a data platform for annotating and refining the sensor data used to train and validate perception systems in automated driving and other safety-critical AI. Its tools help automotive and robotics teams align their datasets and models with human intent.
Brno, Czech Republic · Startup Kontent.ai is a Brno-based headless CMS platform that decouples content creation from front-end presentation, enabling enterprises to manage and deliver content across websites, mobile apps, kiosks, and IoT devices through a unified API. Originally spun out of Kentico Software by founder Petr Palas, the platform combines structured content modeling with AI-powered features for personalization and workflow automation. Kontent.ai serves mid-market and enterprise customers globally, competing with Contentful and Storyblok in the composable digital experience space.
Ljubljana, Slovenia · Startup Koofr is a privacy-oriented, GDPR-compliant cloud storage provider founded in 2013 and headquartered in Ljubljana. The service stores user data in EU-based data centres and allows users to connect and manage files from third-party storage accounts such as Dropbox, Google Drive, and OneDrive from a single interface. Koofr won the Slovenian Startup of the Year award in 2013 shortly after launch and has grown to a paying subscriber base across Europe. It is a resident company of Technology Park Ljubljana.
Vilnius, Lithuania · Startup Vilnius-based agentic AI operating system for e-commerce teams. AI agents autonomously monitor products, campaigns, customers, and inventory, then execute tasks such as generating creatives, adjusting ad budgets, and publishing site updates through connected tools. Reached €1M ARR six months after launch. Raised €2M seed from XTX Ventures and Practica Capital.
Dublin, Ireland · Startup Kota is a Dublin-based platform building API-driven infrastructure for employee benefits and insurance. It enables companies to offer and manage health insurance, life insurance and pension benefits, syncing with existing HR tools such as Personio, HiBob, BambooHR and Workday. Regulated by the Central Bank of Ireland, Kota partners with providers including Irish Life, Allianz Partners and Smart Pension. Founded in 2022 by Luke Mackey, Patrick O'Boyle and Deepak Baliga, the company raised a $14.5 million Series A in May 2025 led by Eurazeo, bringing total funding to nearly $23 million.
Yerevan, Armenia · Startup Krisp is an AI-powered noise cancellation and voice productivity platform founded in Yerevan that removes background noise, echo, and other audio distractions from calls and recordings in real time. The technology works as a software layer between any microphone and communication application, making it universally compatible with Zoom, Teams, and other conferencing tools. Krisp has been adopted by major enterprises and contact centers worldwide, and has expanded into meeting transcription and summarization. The company raised over $17 million and is a standout example of deep-tech AI innovation emerging from Armenia's growing engineering talent pool.
Stockholm, Sweden · Startup Kry is a Stockholm-based digital healthcare company founded in 2014 that connects patients with doctors, nurses and psychologists through video and app-based consultations, and also runs physical clinics in some markets. Known as Livi outside the Nordics, it operates in Sweden, Norway, France, Germany and the United Kingdom and became one of Europe's most funded digital health companies.
Copenhagen, Denmark · Startup Labster builds virtual laboratory simulations for science education, letting students run experiments in a 3D environment and learn through interactive missions. Founded by researchers from the Technical University of Denmark, Labster works with universities and schools worldwide to expand access to lab learning and reduce costs. The platform integrates with learning management systems and has been used by hundreds of institutions. Labster became a global reference for VR and simulation based STEM education.
Sofia, Bulgaria · Startup AI revenue-automation software for home-services call centers, with a 24/7 AI customer-service rep that books jobs into ServiceTitan and a call-analytics engine for coaching and lead recovery.
Baku, Azerbaijan · Startup Lalafo is an AI-powered C2C classifieds marketplace founded in September 2015, operating Azerbaijan's largest buy-sell, job, and real estate search platform at lalafo.az. The platform covers categories including electronics, real estate, vehicles, clothing, and services. Lalafo operates localized versions in multiple countries including Kyrgyzstan, Serbia, Greece, and Poland.
Łańcut, Poland · Startup Lancerto is a Polish premium menswear brand founded in 2008 by Tomasz Ciąpała together with Mariusz Jończy and Tomasz Górkiewicz, headquartered in Łańcut where it also runs its own manufacturing. The brand sells suits, shirts, shoes, and accessories through dozens of retail showrooms across Poland and a dedicated e-commerce store launched in 2016. The company is founder-owned and self-financed, with no external funding rounds or stock-market listing publicly disclosed.
Berlin, Germany · Startup Berlin-based enterprise AI workspace providing a GDPR-compliant environment where teams can use LLMs from multiple providers—GPT-4, Claude, Gemini—through a single interface connected to company data, with full EU data residency. Focused on European enterprises with strict data-sovereignty requirements.
Stockholm, Sweden · Startup Lassie is a digital pet-insurance company that combines coverage with preventive-care engagement. The app uses education modules and behavior incentives to reward owners for proactive pet health practices, linking prevention to premium outcomes.
London, United Kingdom · Startup Lawhive is a London-based legaltech company building an AI-driven law firm model focused on the consumer legal market. It helps people resolve everyday legal issues such as family law, landlord and tenant disputes and employment matters, connecting clients with solicitors through an online platform. The company has developed its own AI operating system used by lawyers to reduce the time, cost and administrative burden of routine legal work. In February 2026 Lawhive raised $60 million in a Series B round, with participation from TQ Ventures, GV, Balderton Capital and Jigsaw, to support its expansion into the US.
Warsaw, Poland · Startup Client management platform for online and hybrid fitness coaches. Leapo tracks each client's workout completion, check-ins and trends, then surfaces a weekly briefing of who is on track and who needs attention — alongside a drag-and-drop workout builder, nutrition logging (via FatSecret), custom check-in forms and an AI assistant that flags at-risk clients. Currently in early access.
Tbilisi, Georgia · Startup Full-service creative technology agency founded in Tbilisi in 2010, offering digital marketing, AI solutions, UX/UI design, and web and mobile development. Leavingstone is the first agency in the Caucasus region to win Cannes Lions awards, claiming the distinction two years in a row (2015 and 2016), and has accumulated over 150 international awards including Webby and Eurobest prizes. The agency employs more than 100 people and counts Siemens, Visa, Netflix, and WHO among its clients.
Paris, France · Startup Ledger is the global leader in hardware wallets for cryptocurrency, providing secure cold-storage devices that protect digital assets offline. The company's Nano S and Nano X devices have sold over 6 million units worldwide, and its enterprise solution, Ledger Enterprise, serves institutional clients including funds and exchanges. Ledger also develops Ledger Live, a companion software for managing crypto portfolios. The company is a cornerstone of Europe's Web3 infrastructure ecosystem.
Zurich, Switzerland · Startup Ledgy is an equity and compensation management software company founded in 2017 in Zurich by three physicists who met at ETH Zurich. Its platform helps companies manage cap tables, employee share and option plans, funding rounds, valuations, compliance and investor relations, positioned as a European equity-management platform for high-growth international startups as well as larger and public companies. The company maintains offices in Zurich and London and reported reaching profitability in 2025.
Ghent, Belgium · Startup LegalFly is an AI-native legal operating system for in-house legal, compliance and procurement teams. The platform automates contract review, drafting, legal research and due diligence, integrating with Microsoft Word and Teams, and maintains full audit trails across 60+ jurisdictions. Founded by ex-Tinder product leaders Ruben Miessen, Kasper Verbeeck, Dennis Montégnies and Gregory Vekemans, the company raised a €15 M Series A led by Notion Capital in July 2024. It reported 800%+ revenue growth in 2025 and counts Slaughter & May and Allianz among strategic partners. LegalFly was preparing a new growth round for mid-2026.
Stockholm, Sweden · Startup Stockholm-based legal AI platform for law firms and in-house legal teams, assisting with research, contract review, and drafting across complex matters. Used by 1,000+ legal teams in 50 markets. Reached €85M+ ARR in under 18 months. Raised $550M Series D at a $5.6B valuation from Accel, Atlassian, and NVIDIA's NVentures.
Paris, France · Startup lemlist is a Paris-based sales engagement SaaS platform built by the company lempire. Originally a cold-email personalisation tool, it has grown into a multichannel outreach platform combining a large B2B lead database, AI-assisted personalisation, and built-in email warm-up (lemwarm) to help sales teams run outbound campaigns and book meetings. It is used by tens of thousands of businesses across more than 100 countries and is part of the broader lempire product family, which also includes lemcal, Taplio and Tweet Hunter. The company scaled largely through product-led growth, and in October 2021 raised $30M from Expedition Growth Capital.
London, United Kingdom · Startup Lendable is a London-based fintech founded in 2014 that uses data and automation to underwrite consumer credit, offering personal loans, credit cards and car finance funded through institutional capital. It reached unicorn status and operates in the UK, US and Mexico, positioning itself as a fully digital, fast-decision alternative to traditional lenders.
Dublin, Ireland · Startup LetsGetChecked is a Dublin-founded at-home diagnostics and virtual care company that ships regulated lab tests directly to consumers, processes samples through its own CLIA-certified laboratories, and wraps the results in physician review, prescribing, and follow-up care where appropriate. Founded in 2015 by Peter Foley, the company rode the pandemic-era shift toward home testing to a USD 1 billion Series D in 2021 and has since positioned itself as a full virtual-care platform covering sexual health, men's and women's health, wellness, colorectal screening, and medication adherence, selling both direct-to-consumer and as a corporate health benefit. It is one of the few European health-tech unicorns to successfully run end-to-end clinical infrastructure — labs, logistics, telehealth, and pharmacy — in the US market, and together with Kerecis and Sidekick Health it rounds out the directory's picture of how Irish and Icelandic health companies are building internationally regulated care businesses.
Milan, Italy · Startup Lexroom is a Milan-based legaltech company founded in 2023 that builds an AI platform for legal professionals, including lawyers, law firms, accountants, notaries, and enterprise legal teams. Its product is designed for civil-law jurisdictions and uses a data-first architecture built on a proprietary database of verified legal sources such as legislation, case law, and regulatory materials, aiming to reduce fabricated citations and unreliable outputs common to general LLM tools. The platform supports legal research on verified sources, document analysis and comparison, custom clause drafting, and Microsoft Word integration. The company states it is ISO 27001 certified and GDPR and AI Act compliant.
Prague, Czech Republic · Startup Liftago is a Prague-based ride-hailing and delivery marketplace founded in 2012 that connects passengers and businesses with licensed professional taxi drivers and courier services. Unlike Uber and Bolt, Liftago works exclusively with regulated taxi operators, positioning itself as a compliant alternative in the Czech market. The platform expanded into last-mile delivery and B2B logistics, helping restaurants and retailers fulfill same-day orders. Liftago has become one of the most widely used mobility apps in Prague, with a strong network of professional drivers and fleet partnerships.
Copenhagen, Denmark · Startup Light is a Copenhagen-based AI-native finance platform that rebuilds the general ledger from scratch to replace legacy ERP and accounting systems. It automates core accounting functions including accounts receivable, accounts payable, bookkeeping, line-item coding, tax and VAT reporting, and multi-entity financial consolidation, while letting finance teams query their financial data in natural language. The platform integrates with CRMs, banking systems, and communication tools such as Slack and Microsoft Teams, and targets hypergrowth, multi-entity international companies. Founded by CEO Jonathan Sanders and CTO Filip Kozjak, Light exited stealth in June 2024 and later raised a Series A.
Munich, Germany · Startup Lilium is a Munich-based aerospace company founded in 2015 by Daniel Wiegand and a team of TU Munich engineers to develop an all-electric vertical takeoff and landing (eVTOL) jet for regional air mobility. The Lilium Jet uses 30 electric engines mounted on its canard wings to achieve vertical lift and efficient cruise flight, targeting ranges of up to 300 km at speeds over 250 km/h. Lilium went public on NASDAQ in 2021 but faced financial challenges and entered insolvency proceedings in late 2024. A consortium of European investors acquired the company in early 2025, allowing development to continue. Lilium remains one of the most ambitious European eVTOL programs and a test case for the viability of electric regional air transport.
London, United Kingdom · Startup Lindus Health is a UK-founded clinical-trials company that brands itself as the anti-CRO, offering an end-to-end, technology-enabled alternative to traditional contract research organisations. It combines a proprietary AI-assisted trial operating system (Citrus) with in-house medical and clinical staff to handle protocol design, patient recruitment, data collection, biostatistics, and regulatory compliance. The platform draws on electronic health records to identify and enroll patients faster, and the company contracts on milestone-based commercial terms. Founded in 2021, it runs trials across therapeutic areas and operates across the US, UK, and Europe.
Madrid, Spain · Startup Lingokids is a kids edtech platform offering a safe, ad-free 'Playlearning' environment for children aged 2-8, combining games, songs and interactive activities to teach English and life skills. It serves over 10 million families globally with in-house content and COPPA Plus certification.
Yerevan, Armenia · Startup LiveBoard is an interactive digital whiteboard platform from Yerevan used by tutors, online schools, and distributed teams for real-time collaborative lessons. The product combines a pressure-sensitive drawing canvas with PDF annotation, live video, shared documents, and full session recording, and is optimized for both tablets (Apple Pencil, S-Pen) and desktop browsers. LiveBoard has been adopted by thousands of one-to-one tutors and boutique e-learning businesses as a lighter alternative to building custom classroom tooling on top of Zoom or Google Meet. It is a representative example of Armenia's consumer-SaaS bench: small, internationally distributed teams shipping polished, mobile-first collaboration tools into the global EdTech market.
Wrocław, Poland · Startup LiveChat is a Wrocław-based SaaS company providing customer-messaging software used by over 36,000 businesses worldwide. Its core product is the LiveChat web-chat platform; the group also owns ChatBot, HelpDesk, and KnowledgeBase. Founded in 2002 and led by Mariusz Ciepły, LiveChat Software went public on the Warsaw Stock Exchange in 2014 and has been a profitable, dividend-paying SaaS business — a rarity in Polish tech.
Riga, Latvia · Startup Lokalise is a Riga-founded localization platform built to help product teams ship multilingual software without turning translation into a bottleneck. Instead of relying on spreadsheets and manual handoffs, the product integrates with design, development, and collaboration tools so text can be extracted, translated, reviewed, and returned to live applications as part of normal shipping workflows. This turns localization from a late-stage publishing task into a continuous process that scales with product development. For companies expanding across Europe and beyond, that capability is operationally important because language support affects onboarding, conversion, support quality, and market-entry speed. In the regional ecosystem, Lokalise stands out as a Latvian SaaS export that solves a very real cross-border problem for digital products. It also connects naturally to companies focused on media generation and international product distribution, making it a strong addition to the directory's view of how European startups build tools for expansion across fragmented markets.
Riga, Latvia · Startup Longenesis is a Riga-based digital health company founded in 2017 that builds platforms connecting pharmaceutical companies, healthcare providers, and patients to accelerate biomedical research. Its three core products — Curator, Themis, and Engage — enable privacy-preserving patient cohort discovery, consent management, and real-world evidence generation. The company has positively impacted over 850,000 patients across the EU and MENA, holds partnerships with Medtronic and Novartis, and has raised over €1 million in seed funding. It won second place at the EIT Health Catapult programme and earned an AWS Industry Award in 2023.
Stockholm, Sweden · Startup Founded in 2023, Lovable builds an AI-powered full-stack software development platform that converts natural-language prompts into deployable applications. The product generates real frontend and backend code, integrates directly with GitHub, and is used by both non-technical founders for MVP creation and enterprise teams for rapid prototyping.
Montlhéry, France · Startup All-in-one loyalty and CRM platform for local retailers. It replaces paper stamp cards with a digital loyalty card in Apple Wallet and Google Pay, supports stamp- or points-based rewards, and automates Google-review solicitation to boost merchants' local SEO — with no app download required from customers.
London, United Kingdom · Startup Agent OS enabling any team to build, own, and manage their own AI agent workforce without deep technical expertise. Abstracts the complexity of agentic AI so businesses can delegate operational tasks to autonomous agents from day one. Raised $5.8M seed from Norrsken22, Flourish Ventures, and Y Combinator.
Reykjavik, Iceland · Startup Lucinity is an Icelandic RegTech company founded in 2018 by Gudmundur Kristjansson that builds AI-powered financial crime prevention software for banks and financial institutions. Its platform combines human analyst workflows with machine intelligence to automate investigation, case management, and regulatory reporting for anti-money laundering (AML) operations. Lucinity was named Iceland's Knowledge Company of the Year for 2024 and has offices in Reykjavik and New York.
Paris, France · Startup YC-backed preventive health platform that analyses 110+ blood biomarkers with AI to deliver personalised, physician-reviewed guidance on nutrition, supplementation and lifestyle. Operates across France, the UK, Ireland and Portugal with 10,000+ users since its 2025 launch.
Warsaw, Poland · Startup Generative AI copilot for 3D game development and visualization workflows, with a strong focus on Unreal Engine production pipelines. The platform helps teams create assets and scene components faster while reducing technical bottlenecks for creators.
Bratislava, Slovakia · Startup Luigi’s Box provides advanced search and product recommendation for ecommerce sites, boosting conversion by understanding intent, typos, and synonyms. Its tooling has become a de facto standard across CEE ecommerce, with strong adoption among mid-market retailers. By 2026, Luigi’s Box is one of the region’s top AI-powered ecommerce infrastructure companies.
Paris, France · Startup Home insurance startup focusing on prevention, fast claims, and digital-first service. Luko is a startup based in Paris, France at the series c stage. The company operates in the Insurtech, Consumer space. Learn more at their website.
Aarhus, Denmark · Startup Lunar is a Nordic digital challenger bank founded in Aarhus, Denmark in 2015, holding its own Danish banking licence since 2019 — the first Scandinavian challenger bank to do so. It serves over a million users across Denmark, Sweden and Norway with a full-stack app spanning current and savings accounts, Visa debit and metal cards, loans, buy-now-pay-later, stock and ETF investing and crypto trading via Lunar Block. Lunar Business extends these to SMEs, reaching 40,000 business customers by early 2026.
In December 2024 Lunar spun out its banking-as-a-service arm as Moonrise, giving fintechs instant-payment access across the Danish, Norwegian and Swedish krona via a single API. Lunar has raised around €537M in total, including a €315M Series D (2021–2023) led by Aarhus family office Heartland with Kinnevik, Tencent and Seed Capital, and a €46M growth round in January 2026 with Heartland, Orbit Alliance and new investor 100A. Targeting profitability in 2026, the bank appointed former Saxo Bank deputy CEO Søren Kyhl as CEO in mid-2026, with co-founder Ken Villum Klausen moving to the board.
Luxembourg City, Luxembourg · Startup A University of Luxembourg spinoff founded in 2016 by researchers Pouyan Ziafati and Aida Nazarikhorram. LuxAI develops the QTrobot, a 60 cm humanoid social robot designed to support therapists and educators working with children who have autism or special educational needs. The robot is assembled in Luxembourg and sold in over 25 countries across Europe, Asia, and North America.
Luxembourg City, Luxembourg · Startup Luxhub is a Luxembourg-based open banking infrastructure provider that builds API connectivity between banks, fintechs, and third-party providers under PSD2 and open finance regulations. The platform enables account information services, payment initiation, and data-sharing workflows that allow financial institutions to comply with regulatory requirements while also opening new distribution channels for fintech products. Founded with backing from four major Luxembourg banks, Luxhub is a strategically important piece of the country's financial innovation infrastructure and a model for how collaborative banking initiatives can accelerate open finance adoption across Europe.
Luxembourg City, Luxembourg · Startup LuxTrust is the Luxembourg public-private joint venture that runs the country's national digital-identity and qualified electronic-signature infrastructure, and is effectively the backbone that lets Luxembourgish citizens, banks, and corporates sign contracts, file taxes, and access sensitive public services online with legally binding eIDAS-qualified signatures. Founded in 2005 and co-owned by the Luxembourg state alongside most of the country's major banks, LuxTrust has become one of the largest qualified trust service providers in the EU and one of the reference implementations of how an EU member state can stand up an interoperable, bank-grade identity layer ahead of the upcoming European Digital Identity Wallet (EUDI Wallet) rollout. For the directory, LuxTrust is a rare example of a core sovereign-tech asset that has the commercial surface area of a scale-up, and a useful anchor for understanding Luxembourg's outsized role in European digital-identity and regtech.
Lisbon, Portugal · Startup Lyzer is a Logistics-as-a-Service platform for retail and e-commerce operations, covering order management, warehouse picking optimization, and last-mile orchestration. In July 2025, the company announced a EUR 10M Series B and reported over EUR 160M in GMV plus more than 500,000 fulfilled orders across the Iberian peninsula.
Baku, Azerbaijan · Startup m10 is a mobile financial super-app developed by PashaPay (part of PASHA Holding's Bir ecosystem), officially launched in July 2022. It offers domestic money transfers, international remittances, QR-code payments, BakıKart transit top-ups, and consumer credit up to 25,000 AZN. The platform serves 700,000 daily active users and has accumulated 2.5 million downloads, operating under the Central Bank of Azerbaijan's Regulatory Sandbox.
Esch-sur-Alzette, Luxembourg · Startup A Luxembourg deep-tech startup founded in 2018 by a team with backgrounds in ESA space missions. Maana Electric builds the TerraBox, a mobile factory that produces solar panels from sand and electricity using in-situ resource utilisation (ISRU) technology. The company signed a multi-million-euro contract with the European Space Agency in 2021 and received first commercial orders worth €100 million in 2023. Its LunaBox variant is designed to manufacture solar panels and generate oxygen on the Moon.
Kyiv, Ukraine · Startup MacPaw is a Kyiv-headquartered software company that built one of the largest independent Mac-only software businesses in the world, with tens of millions of users across its portfolio. Its flagship products include CleanMyMac (the most widely used macOS cleanup and maintenance utility), Setapp (a subscription bundle that gives users access to a curated catalog of more than 240 paid Mac and iOS apps for a flat monthly fee), ClearVPN, and Gemini. Founded in 2008 by Oleksandr Kosovan, the company has remained profitable and mostly bootstrapped, and has become one of the most culturally important tech employers in Ukraine — doubly so since February 2022, when MacPaw kept its Kyiv engineering organization running through the full-scale Russian invasion, set up a dedicated foundation for war relief, and used its in-house research lab (MacPaw R&D) to build open-source tools for the war effort. For the directory, MacPaw is the canonical Ukrainian consumer-software story and a reminder that not every successful European software company looks like a VC-backed SaaS rocket.
Novi Sad, Serbia · Startup Mad Head Games is an award-winning video game developer based in Novi Sad, Serbia, co-founded in 2011 by Nenad Tomic, Uros Banjasevic, and Aleksa Todorovic. From casual hidden-object games through publisher Big Fish Games to action titles for global audiences, the studio has shipped more than 60 games and was instrumental in founding the Serbian Games Association. Known for the action RPG Scars Above and the upcoming Clive Barker's Hellraiser: Revival developed in partnership with Saber Interactive, Mad Head Games operates as an independent studio within the Saber Interactive group, drawing on 15 years of Unreal Engine expertise.
Dublin, Ireland · Startup Medical device company commercializing ReActiv8, an implantable restorative neurostimulation system that treats disabling mechanical chronic low back pain by stimulating the lumbar multifidus muscle. HQ in Dublin.
Marne-la-Vallée, France · Startup AI-powered SaaS that helps SMEs and foreign companies respond to French public procurement tenders. Automates DCE analysis, technical proposal drafting and mandatory administrative forms, scanning 20+ procurement platforms in real time.
Stuttgart, Germany · Startup Makersite is a Stuttgart-based AI-powered product lifecycle intelligence platform that helps manufacturers understand and optimise their supply chains and products. The software connects a company's product and supply chain data with material, process, and supplier databases to support automated lifecycle assessments, product carbon footprint calculations, supply chain risk analysis, cost optimisation, and regulatory compliance. It integrates with enterprise CAD, ERP, and PLM systems and partners with firms such as Siemens, PTC, Autodesk, and Ansys. The company was founded in 2018 by Neil D'Souza, previously CTO at Thinkstep.
Prague, Czech Republic · Startup Malcom Finance (formerly 4Trans) provides factoring and financing for truck drivers and logistics SMEs. Its underwriting leverages real-time telematics and operational data to assess risk more accurately than traditional banks. This enables faster payouts and more flexible credit for transport operators who are cash-flow constrained. By 2026, Malcom is a fast-growing Czech fintech focused on the logistics economy.
Nicosia, Cyprus · Startup Malloc is a Nicosia-based AI-driven mobile cybersecurity company, founded in 2021 and backed by Y Combinator (YC S21), Urban Innovation Fund, and Dragon Capital. The company develops on-device protection against spyware, surveillance, and data theft for individuals, enterprises, and government agencies, with over one million users worldwide. Its flagship product, Antistalker, detects and blocks unauthorised microphone and camera access in real time. Malloc collaborates with NVIDIA, Google, Microsoft, and VISA on privacy and AI-based defence research.
Paris, France · Startup Malt is a Paris-founded freelancer marketplace launched in 2013 that connects independent professionals with companies seeking project-based talent in tech, marketing, design, and consulting. The platform operates across France, Germany, Spain, Belgium, Netherlands, and the UK, and has over 700,000 registered freelancers serving enterprise clients including Airbus, L'Oreal, and BNP Paribas. Malt has raised over EUR 100 million and manages compliance, contracts, and payments to simplify the hiring process. It is a leading European alternative to Upwork and Fiverr, with a strong focus on local enterprise freelancing.
Berlin, Germany · Startup Mambu is a Berlin-founded, Amsterdam-headquartered SaaS cloud core-banking platform, established in 2011 by Eugene Danilkis, Frederik Pfisterer and Sofia Nunes. It pioneered the 'composable banking' model, in which banks, neobanks, lenders and fintechs assemble modular, API-first components for deposits, loans and payments instead of replacing entire legacy cores. The platform serves 280+ institutions across 65 countries, supports 114 million end clients and processes nearly 200 million API calls daily, with customers including N26, ABN AMRO, OakNorth and Western Union.
Mambu became one of Germany's most valuable fintechs after a €110M Series D led by TCV in January 2021, followed by a €235M Series E led by EQT Growth in December 2021 valuing it at €4.9bn. Total funding is about €410M, backed by a syndicate including EQT Growth (Sweden), TCV, Tiger Global, Bessemer, Runa Capital and German investors Acton Capital, CommerzVentures and Point Nine. In December 2024 it made its first acquisition, buying Paris payments gateway Numeral, and launched Mambu Payments in 2025.
Warsaw, Poland · Startup Poland's first digital platform dedicated to supporting women through the menopausal transition, offering a knowledge base, symptom monitoring and personalised programs spanning diet, exercise and specialist access on a freemium model.
Dublin, Ireland · Startup Manna is Europe's largest drone delivery operator, having completed over 250,000 regulated commercial UAV deliveries across Dublin, Cork, and expanding US and European markets. Founded in 2018 and built entirely in Ireland, the company raised a $50 million Series B in April 2026 from investors including ARK Invest, ISIF, and Coca-Cola HBC, bringing total funding to $110 million. Manna is expanding to 40 new US bases and has partnered with Uber Eats for European aerial delivery markets.
Birkirkara, Malta · Startup MannaEV is Malta's first electric motorcycle delivery and battery-swapping startup, founded in early 2023 by three co-founders with backgrounds from Google, Alibaba, TikTok, and Lazada. The company operates an on-demand same-day delivery platform powered by smart electric motorcycles and a battery-swapping network, eliminating range anxiety and enabling rapid fleet turnaround. Within its first year MannaEV scaled to 500+ customers and deployed 50+ electric motorcycles across three battery-swapping hubs on the island without external VC funding. It won multiple categories at the Malta Business Awards 2024 and has a commercial partnership with Bolt Malta.
Prague, Czech Republic · Startup Manta is a data lineage and metadata-management platform that gives organisations visibility into their data environments by automatically scanning the data stack and mapping data flows, sources, transformations and dependencies. By generating this lineage and an audit trail, it helps businesses trace where data originated and how it evolved, and can discover and anonymise sensitive data to reduce regulatory risk. Founded in Prague in 2016, Manta was acquired by IBM in October 2023 and its data lineage was integrated into IBM's watsonx data and AI governance portfolio.
Luxembourg City, Luxembourg · Startup Luxembourg-based AI platform enabling direct-to-consumer brands to expand across global marketplaces by automating inventory management, pricing, marketing, logistics, compliance, and fulfilment. Founded by ex-Amazon executives in 2022. Raised $8M Series A from Expon Capital and Smedvig Ventures.
Munich, Germany · Startup Fusion energy company founded in 2019 in Munich developing laser-based inertial fusion using nanostructured proton-boron fuel targets, backed by over $400M with partners including Siemens Energy.
Kyiv, Ukraine · Startup Online IT education platform founded in 2015 teaching programming and tech roles, with an income-share agreement model where graduates pay a percentage of salary after getting hired.
Leuven, Belgium · Startup Materialise is a pioneer in additive manufacturing, operating one of the world's largest 3D printing facilities alongside a suite of industrial and medical software. Its Mimics software suite supports surgical planning, personalised implants and medical device design for hospitals and MedTech firms globally; its industrial arm serves aerospace, automotive and consumer goods. Founded in 1990 in Leuven by Fried Vancraen and Hilde Ingelaere as the Benelux's first rapid-prototyping bureau, the company listed on NASDAQ (MTLS) in 2014. As of Q1 2026 it reported $302 M trailing revenue and a $335 M market cap, and in May 2026 spun off its eyewear division to focus on core manufacturing and healthcare software.
Manchester, United Kingdom · Startup Matillion is a Manchester-based data integration and transformation platform founded in 2011 that enables enterprises to load, transform, and orchestrate data across cloud data warehouses and lakes including Snowflake, Databricks, Amazon Redshift, and Google BigQuery. The company raised over $300 million including a $150 million Series E at a $1.5 billion valuation. Matillion serves over 2,000 enterprise customers and is notable as one of the few UK tech unicorns headquartered outside London, representing Manchester's growing tech ecosystem.
Bratislava, Slovakia · Startup Matsuko builds real-time holographic communication, enabling lifelike 3D telepresence using only a smartphone camera. The technology captures and transmits volumetric video without requiring VR headsets for capture, making it a practical “Skype for holograms.” By 2026, Matsuko has partnered with major telecoms such as Deutsche Telekom and Orange to demonstrate 5G use cases and positions itself as a leader in next-gen communication.
Pisa, Italy · Startup Robotic microsurgery company behind the Symani Surgical System, pairing the world's smallest wristed NanoWrist instruments with tremor reduction and motion scaling for open soft-tissue microsurgery. FDA clearance 2024.
Warsaw, Poland · Startup Warsaw Stock Exchange–listed remote cardiac diagnostics company. Its PocketECG platform combines a mobile ECG device with AI-assisted arrhythmia detection and a 24/7 diagnostic service used by clinics and providers in the US, Europe, and Asia. An early Movens Capital portfolio company (IPO exit).
Paris, France · Startup Meero is a Paris-based photography technology company that uses AI to automate photo editing and connects businesses with a global network of professional photographers. The platform serves industries including real estate, e-commerce, and hospitality, offering on-demand shoots with AI-enhanced post-production. Meero raised over $200 million and was valued at over $1 billion before restructuring operations to focus on its core AI editing technology.
Warsaw, Poland · Startup Biotech skincare startup developing bio-identical melanin from stem-cell-based processes to improve UV protection and skin health. The company focuses on long-duration photoprotection and alternatives to conventional sunscreen formulations.
Reykjavik, Iceland · Startup Meniga is a digital banking technology company founded in Reykjavik in 2009, in the aftermath of Iceland's financial crisis. It provides white-label personal finance management, data enrichment, open banking, and carbon footprint tracking solutions to major retail banks. Meniga's platform is used by more than 90 million digital banking customers across 30+ countries, with clients including Santander and Iceland's Landsbankinn. The company has offices in Reykjavik, London, and Warsaw.
Stockholm, Sweden · Startup Mentimeter is a Swedish company based in Stockholm that develops an interactive presentation and audience-engagement platform. Presenters create live polls, quizzes, word clouds and Q&A sessions that audiences respond to from their own devices, used in both business and education settings for meetings, training, lectures and brainstorming. Founded in 2014 by Johnny Warström and Niklas Ingvar, it has expanded internationally; in June 2022 it raised a $42 million Series C round to support growth, including expansion into the United States.
Amsterdam, Netherlands · Startup MessageBird is an Amsterdam-based cloud communications platform (CPaaS) that provides APIs for SMS, voice, chat, and email, enabling businesses to communicate with customers across any channel from a single platform. The company rebranded parts of its offering under Bird and has served over 25,000 enterprise clients including Uber, SAP, and HelloFresh. MessageBird competes with Twilio and has raised over $1 billion in funding, making it one of the Netherlands' most valuable tech companies.
Brno, Czech Republic · Startup Mewery is a food-tech and biotech startup cultivating pork meat using microalgae-based processes. The hybrid approach reduces the cost and complexity of lab-grown meat by combining cell cultivation with plant inputs. This positions the company to deliver cultured meat products faster and at lower price points than traditional cellular agriculture methods. By 2026, Mewery is a notable Central European pioneer in sustainable protein.
Prague, Czech Republic · Startup Mews is a cloud-native property management system built to replace legacy hotel software with an API-first platform. It powers hotel operations from booking and pricing to payments and guest communications, enabling chains to modernize at speed. By 2026, Mews is aggressively acquiring smaller travel-tech vendors and expanding global enterprise contracts, positioning itself as the default operating system for modern hospitality. The company is a Czech-born unicorn with a strong international footprint and deep Prague engineering roots.
Warsaw, Poland · Startup Microamp is a Warsaw-based deep-tech company developing resilient 5G mmWave wireless solutions. Its Any-G mmWave AI-RAN platform is a fully reconfigurable, software-defined system that adapts across evolving 3GPP standards, frequency bands, network modes and 6G features. The company, led by co-founder and CEO Dawid Kuchta, positions itself as one of the first to commercialise 5G mmWave networks.
Zagreb, Croatia · Startup Microblink is a Croatian-founded identity intelligence company that builds AI-powered software for capturing and processing identity documents, enabling businesses to automate onboarding and reduce manual data entry. Its technology powers verification for approximately 50% of providers in the Gartner 2024 IDV Magic Quadrant and has processed over 3 billion transactions. The company raised $60 million in 2020 and operates offices in the US, Europe, and Asia.
Hamburg, Germany · Startup MicroHarvest produces microbial protein using agricultural side streams and a rapid fermentation process designed to deliver sustainable protein ingredients in around 24 hours. The company reported over USD 10.2M in venture funding from investors such as Astanor, Happiness Capital, Simon Capital, and FoodLabs, and received a EUR 5.5M German government grant in February 2026 for an industrial-scale Leuna plant expected to produce about 15,000 tonnes of protein annually.
Berlin, Germany · Startup Midas (Midas Software GmbH) is a Berlin-based fintech building infrastructure for tokenised real-world assets and composable on-chain investment products. It lets strategy managers turn institutional investment strategies into compliant, blockchain-based tokens (mTokens) that aim to give investors transparency, instant redemptions, and composability across DeFi protocols. Its first product, mTBILL, tokenises US Treasury bills as an ERC-20 token so holders can earn yield on-chain. The company describes itself as a German, BaFin-regulated and MiCA-compliant entity.
Zagreb, Croatia · Startup Mindsmiths is a Zagreb-based AI company developing an Autonomous Support System (ASS) platform that enables digital products to make independent decisions and engage users proactively. The platform has been deployed in healthcare (chronic patient support) and banking (financial advisory). Mindsmiths raised EUR 1.2 million in 2021 from Feelsgood Capital, with CEO Mislav Malenica also serving as president of the Croatian AI Association.
Riga, Latvia · Startup Mintos is Europe's largest regulated investment marketplace for alternative assets, founded in 2014 by Martins Sulte and Martins Valters. The platform connects retail investors with loans originated by non-bank lenders across 30+ countries, offering consumer, business, and real estate loan investments. It has facilitated over €12 billion in cumulative investments, holds a MiFID II licence from the Central Bank of Latvia, and manages over €700 million in assets for more than 500,000 registered users globally.
Paris, France · Startup Mirakl is a Paris-based enterprise marketplace platform founded in 2012 by Adrien Nussenbaum and Philippe Corrot. The company provides the SaaS technology that enables retailers, manufacturers, and distributors to launch and operate their own online marketplaces, adding third-party sellers alongside their existing product catalogs. Mirakl powers marketplace operations for over 400 enterprise customers including Macy's, Kroger, Carrefour, and Siemens. The company has raised over $800 million, reaching a valuation of $3.5 billion, and is one of France's highest-valued B2B SaaS companies. Mirakl has offices in Paris, London, and Boston, and its platform model reflects the broader shift toward marketplace commerce across enterprise retail.
Berlin, Germany · Startup Mister Spex is Europe's leading digitally native omnichannel optician, founded in Berlin in 2007 and listed on the Frankfurt Stock Exchange (ticker: MRX) since 2021. The company sells prescription glasses, sunglasses, and contact lenses online across five European countries and operates 65 physical stores in Germany alongside a network of over 300 partner opticians. Mister Spex serves over 8 million customers and employs around 1,000 people. It pioneered the online-to-offline model in European eyewear retail.
Paris, France · Startup Founded in April 2023 by former Google DeepMind and Meta AI researchers, Mistral AI has become one of Europe's most valuable AI startups. The company builds frontier large language models such as Mistral Large and Mixtral and follows an open-weight plus enterprise deployment strategy. Its products are used via API, cloud partners such as Microsoft Azure, and local deployments for regulated organizations requiring data control and model transparency. Le Chat is the company's conversational interface built on its model stack.
Budapest, Hungary · Startup Warehouse-native product analytics platform that runs directly on data warehouses like Snowflake, BigQuery and Databricks, letting teams analyze funnels, retention and usage without moving data or writing SQL.
Warsaw, Poland · Startup Polish-Ukrainian defence startup developing tactical radar systems for detecting low-altitude, slow-moving UAVs at the frontline. Raised €1.5M from Front Ventures as part of a €2M round at a €15M valuation.
Amsterdam, Netherlands · Startup Payments infrastructure provider helping EU businesses accept local and global methods. Mollie is a startup based in Amsterdam, Netherlands at the growth stage. The company operates in the Payments, Fintech space. Learn more at their website.
Reykjavik, Iceland · Startup Monerium is an Icelandic fintech company founded in 2015 that issues regulated stablecoins — most notably EURe, an onchain euro — on public blockchains. In 2019 it became the world's first entity to receive an e-money license for blockchain-based token issuance under EU regulations, granted by the Financial Supervisory Authority of Iceland. Monerium is authorised as both an Electronic Money Institution and a Virtual Asset Service Provider and enables Web3-native IBAN payments across Ethereum, Polygon, and Gnosis Chain.
Luxembourg City, Luxembourg · Startup Luxembourg-based privacy-first social network designed as a European alternative to algorithm-driven platforms. Offers chronological feeds, no behavioural tracking, no AI-generated content, and a distance feature letting users control how far their posts travel. Subscription model (€2.95–5.95/month). Raised €655K pre-seed from European investors. 36,000 early-access users.
Tallinn, Estonia · Startup Montonio is an Estonian payments and post-checkout platform for e-commerce merchants. Through a single API and dashboard it offers open-banking bank-transfer payments, card payments, Apple Pay and Google Pay, BLIK and Buy-Now-Pay-Later financing, alongside post-checkout tools such as shipping labels, parcel tracking, returns and refunds. The company serves merchants across the Baltics and Poland, aiming to be a unified checkout solution for the region. Its regulated payment-institution entity is registered in Lithuania while the company operates from Tallinn.
Eindhoven, Netherlands · Startup Monumental is an Eindhoven-based construction robotics startup developing autonomous bricklaying robots designed to address chronic labor shortages in the European building industry. The company's robots use computer vision and AI to lay bricks with high precision on active urban construction sites, automating one of the most physically demanding trades. Backed by leading European deep-tech investors, Monumental is scaling deployments across the Netherlands and targeting broader European expansion.
London, United Kingdom · Startup Monzo is one of the UK's leading digital-only banks, offering a mobile-first current account with features like instant spending notifications, fee-free foreign spending, budgeting tools, and salary sorting. Founded in 2015, Monzo has grown to over 9 million customers and achieved profitability in 2024. The company holds a full UK banking license and has expanded into business accounts, lending, and investment products.
Krakow, Poland · Startup Morele.net is a Krakow-based e-commerce platform specializing in electronics, computing hardware, gaming equipment, and consumer goods. The company operates one of Poland's largest online electronics retail operations with a broad catalog, competitive pricing, and a nationwide logistics and fulfillment network. Morele.net has built a loyal customer base among tech-savvy Polish consumers and competes with x-kom and MediaExpert in the domestic market. The platform also operates several niche vertical storefronts and has invested in warehouse automation to support growing order volumes.
Maastricht, Netherlands · Startup Mosa Meat is a Maastricht-based food-technology company founded in 2016 by the team behind the world's first cultured hamburger, presented in 2013. It develops cultivated (lab-grown) beef produced from animal cells rather than slaughtered livestock, aiming to make real meat with a far smaller environmental footprint as it works toward regulatory approval and scale-up.
Lyon, France · Startup Develops MSIcare, bioinformatics software that analyses microsatellite instability biomarkers from next-generation sequencing data to guide oncologists in selecting targeted immunotherapy across cancer types. Winner of France's i-Lab 2023.
Bratislava, Slovakia · Startup MultiplexDX focuses on precision cancer diagnostics, developing visualized diagnostic tests aimed at reducing misdiagnosis in oncology. Its work is particularly focused on breast cancer and improving clinical decision confidence. By 2026, the company is a high-impact biotech research player in the Slovak ecosystem with expanding clinical collaborations.
Graz, Austria · Startup Multivative is a Graz-based early-stage startup that builds modular prototyping systems and Pick2Place workflows designed to accelerate electronics and hardware development for manufacturing teams. The company focuses on helping SMEs and industrial R&D labs produce electronic prototypes faster and more affordably by simplifying component placement and assembly steps. Multivative has received funding through the SURE5.0 Industry 5.0 programme and is part of the growing Styrian hardware and industrial automation startup cluster in Austria.
London, United Kingdom · Startup London-based tech apprenticeship provider that trains software engineers, data analysts, and AI practitioners through employer-sponsored programmes combining paid employment with structured learning. Partners with 1,500+ employers including Microsoft, Google, and Morgan Stanley.
Sibiu, Romania · Startup MultiversX, formerly known as Elrond, is a Romanian-founded Layer 1 blockchain platform designed for high throughput, low latency, and low transaction costs through an adaptive state sharding architecture. The network can process over 15,000 transactions per second and supports smart contracts, DeFi applications, NFTs, and the metaverse ecosystem. Founded in 2017 by brothers Beniamin and Lucian Mincu along with Lucian Todea, the company rebranded to MultiversX to reflect its broader vision beyond blockchain infrastructure into metaverse and Web3 applications. MultiversX has built one of the most technically ambitious blockchain platforms to emerge from Europe and anchors Romania's position in the global Web3 ecosystem.
Bologna, Italy · Startup Musixmatch operates the world's largest licensed music data platform, providing synchronized lyrics, metadata, and audio intelligence to music streaming services, apps, and AI developers. Founded in Bologna in 2010 by Massimo Ciociola and co-founders, the company maintains a catalog of over 12 million songs in 250+ languages, with time-synced transcriptions, translations, and AI-generated genre and mood tags. In October 2025, Musixmatch signed landmark licensing agreements with Sony Music Publishing, Universal Music Publishing Group, and Warner Chappell Music for authorized AI training data services. Backed by TPG (2022) and P101/United Ventures with 80 million registered users and 50 million monthly active users.
Reykjavik, Iceland · Startup Mussila is an Icelandic EdTech company that teaches children aged 6-10 the fundamentals of music — pitch, rhythm, music reading and theory — through interactive app-based lessons, games and creative tools. Founded in 2015 by Hilmar Þór Birgisson and Margrét J. Sigurðardóttir, the platform uses a Learn, Play, Create & Practice methodology validated in school pilots in Estonia and Iceland, where students showed 20% better content retention. Mussila has won the Nordic EdTech Awards 2019, the Parents Choice Award 2019, and the Academics Choice Award 2020. The company has since expanded into literacy with Mussila WordPlay and is available on iOS and Android.
Warsaw, Poland · Startup AI assistant for small business owners that automates website operations and digital marketing workflows, focusing on generating leads and managing core online presence tasks with minimal manual setup.
Berlin, Germany · Startup N26 is a Berlin-based digital bank with a mobile-first current account and financial products for consumers across Europe. In May 2024, BaFin lifted the growth restrictions previously imposed on the bank, clearing the way for renewed customer expansion. In 2025 N26 rolled out free stock and ETF trading for all eligible customers, adding investing to its core banking offering. The company positions itself as a full-stack European challenger bank with a focus on product breadth and operational discipline.
Berlin, Germany · Startup Berlin-based open-source workflow automation platform with 350+ integrations that lets technical teams build complex automations combining AI, APIs, and databases without vendor lock-in. Reached a $5.9B valuation in 2026 after SAP's strategic investment.
Paris, France · Startup Paris-based clinical AI company that listens to doctor-patient consultations in real time and auto-generates structured medical notes, referral letters, and billing codes. Used by thousands of clinicians across France, the US, and Canada, reducing documentation time by over 50%.
Paris, France · Startup Naboo is a Paris-based corporate event and seminar booking platform that lets companies plan offsites and team events through a single system covering venues, accommodation, catering, transportation and team-building activities. Sometimes described as the Booking.com of corporate seminars, it is building a software suite to help finance and procurement teams oversee MICE budgets, including spend tracking, policy compliance and invoicing. Founded in 2022, the company raised a 20 million euro Series A round in early 2025 led by Notion Capital to fund European expansion.
Riga, Latvia · Startup Naco Technologies develops proprietary PVD nano-coatings that replace expensive platinum-group metals in hydrogen electrolysers and fuel cells, reducing the cost of green hydrogen production at scale. Founded in 2010 by Aleksandrs Parfinovičs and Raivis Nikitins, the company secured €8 million in equity plus a €2.3 million EIC Accelerator grant in 2023, followed by a further €2.5 million pre-Series A round in 2025. Naco's coatings target bipolar plates, gas diffusion layers, and membrane electrode assemblies.
Zagreb, Croatia · Startup Nanobit is a Zagreb-based mobile gaming studio specializing in narrative and simulation games that have been downloaded over 200 million times globally. The company's portfolio includes popular titles like BitLife and Tabou Stories, which combine interactive storytelling with life-simulation mechanics to build deeply engaged player communities. Nanobit was acquired by Stillfront Group in 2021 for approximately $148 million but continues to operate independently from Zagreb. The studio is a leading example of Croatia's mobile gaming talent and demonstrates how European studios can build global consumer hits in the casual and mid-core gaming segments.
Warsaw, Poland · Startup NanoSci is a Warsaw-registered Polish deep-tech startup, founded in 2020, that develops photocatalytic air-purification technology licensed to manufacturers of ventilation, lighting and transport equipment. Its core IP — researched at the University of Gdańsk under Prof. Adriana Zaleska-Medynska — is built on porous titanium dioxide (TiO₂) nanolayers and nanotube arrays activated by UV-LED light. The photocatalytic reaction generates hydroxyl radicals that continuously decompose volatile organic compounds, nitrogen oxides, odours, bacteria, viruses and fungi into harmless CO₂ and water vapour, with no replaceable filters and very low energy use.
Rather than selling finished consumer devices, NanoSci provides modular photocatalytic engines to OEM and white-label partners; an early collaboration with bus maker Solaris demonstrated the technology in public-transport air conditioning. Two branded lines are now visible: Jupitair, targeting food and greenhouse environments (with deployments in Singapore and the Philippines and a place in Thailand's SPACE-F accelerator), and Airchanger, a decentralised heat-recovery ventilation unit with integrated purification. The company has raised early equity alongside Polish state grants and support from accelerators including AcceliCITY and Estonia's Beamline.
Sofia, Bulgaria · Startup Nasekomo is a Bulgarian agtech company founded in 2017 that produces sustainable protein and organic fertiliser by farming Black Soldier Flies. The company converts agricultural by-products and organic waste into insect-derived animal feed ingredients using AI-assisted bioconversion processes. It raised €8 million in a Series A round in January 2024, backed by Invenio Partners, to scale its robotised production and franchise model internationally.
Stockholm, Sweden · Startup Natural Cycles is a Stockholm-based femtech company founded in 2013 that makes a fertility-awareness app which uses body-temperature data and an algorithm to identify fertile and non-fertile days. It became the first app cleared by the US FDA to be marketed as a form of contraception and also supports users planning pregnancy.
Stockholm, Sweden · Startup Neko Health is a Stockholm-based preventive health company co-founded in 2018 by Hjalmar Nilsonne and Daniel Ek (the Spotify founder). Neko operates clinics that offer AI-powered full-body health scans using proprietary sensors and imaging technology to detect early signs of cardiovascular disease, skin cancer, diabetes, and other conditions. A scan takes about 15 minutes and costs a fraction of traditional medical imaging. The company has raised over $260 million, including a $260 million round in 2024, and is expanding its clinic network across Sweden and the UK. Neko Health represents a new model of proactive, technology-driven healthcare that could reshape how Europeans approach preventive medicine.
Zurich, Switzerland · Startup Neon is a Zurich-based digital bank founded in 2018 by Julius Krieg and Jörg Sandrock as one of Switzerland's first challenger banks. Operating on a mobile-first model with no branch network, Neon provides Swiss residents with free everyday banking accounts, a Mastercard debit card, and integrated savings and investment products. The app launched in 2019 and grew to over 200,000 customers, carving out a position in Swiss consumer banking against incumbents like UBS and competing with European neobanks like N26 that do not hold a Swiss banking licence. Neon operates under a banking-as-a-service model through a partnership with Hypothekarbank Lenzburg, which holds the banking licence. It is a benchmark for digital-first financial services built from within Switzerland.
Paris, France · Startup Neoplants is one of Europe's most consumer-friendly deep-tech startups, known for engineering "plants with a purpose." Its flagship product, Neo P1, is a golden pothos that has been genetically modified to actively metabolize volatile organic compounds (VOCs) such as formaldehyde and benzene—pollutants common in homes due to paint, furniture, and cleaning products. Rather than simply filtering air passively, the plant converts toxins into harmless sugars and amino acids, turning living organisms into functional indoor air purifiers.
The company began commercial sales in the United States, where GMO consumer regulations are more permissive, but 2026 marks a strategic pivot back to Europe. Neoplants is positioning itself to launch in the UK and select EU markets as the New Genomic Techniques (NGT) framework evolves. This regulatory shift is crucial: it could unlock a path for consumer biotech products to be sold in Europe at scale. Neoplants is actively engaging with regulators and policymakers to ensure its products meet safety and transparency standards, framing its technology as a climate and public-health benefit rather than a controversial GMO niche.
Neoplants is also a serious biotech company under the consumer-friendly brand. It operates a 12,000-square-foot R&D facility in Saint-Ouen, Paris, with capabilities closer to a pharma lab than a greenhouse. The 2026 R&D pipeline includes plants engineered to capture CO2 at orders-of-magnitude higher rates than typical trees, targeting corporate offices and commercial spaces where sustainability investments must be visible and measurable. That positions Neoplants for a dual-market strategy: consumer air purification today, B2B climate infrastructure tomorrow.
The company's ecosystem roots are strong. The founders, Lionel Mora and Patrick Torbey, met at Entrepreneur First in Paris, and Neoplants was an early resident at Station F. It also benefited from the Wilco healthcare and biotech accelerator. Its investors reflect the blend of deep-tech and consumer focus: True Ventures led the seed, Heartcore Capital and Collaborative Fund support the consumer angle, and angels such as Niklas Zennstrom and Xavier Niel provide strategic visibility. In 2026, Neoplants represents a "solarpunk" vision of European tech—advanced biology that is both functional and approachable, turning climate and health solutions into products people can live with.
Poznań, Poland · Startup Netguru is a Poznań-based digital consultancy and software house founded in 2008 by Wiktor Schmidt, Jakub "Kuba" Filipowski, and Adam Zygadlewicz. The firm grew into one of Europe's larger product-design and engineering partners, working with global brands and venture-backed startups on web, mobile, and AI products. Many alumni have gone on to found or back Polish startups, making Netguru a significant talent pipeline in the country's tech ecosystem.
Warsaw, Poland · Startup Cross-border e-commerce automation platform for online retailers selling on Amazon and other European marketplaces. Combines pricing automation (Tradeye), listing localisation, and order-handling workflows to help sellers scale internationally with minimal overhead. Backed by Movens Capital.
Warsaw, Poland · Startup Nethone is an AI-driven fraud-detection platform that profiles user sessions using thousands of behavioural, device and network signals to flag fraud in real time, helping online businesses and payment platforms make accurate accept/reject decisions. Acquired by Mangopay in 2022.
Budapest, Hungary · Startup Netrisk Group is a Budapest-based digital insurance comparison and brokerage platform that helps consumers compare policies from multiple insurers and purchase coverage online. The company operates across Central and Eastern European markets and is the leading insurance aggregator in Hungary, covering auto, home, travel, and health insurance products. Netrisk simplifies a traditionally opaque buying process by providing transparent side-by-side comparisons and instant quotes. The group has expanded through acquisitions and organic growth to become one of the most significant insurtech players in the CEE region.
Metzingen, Germany · Startup NEURA Robotics is a German high-tech company founded by David Reger that develops cognitive robots combining integrated sensing with artificial intelligence for human-robot collaboration. Its product lineup includes the 4NE-1 humanoid robot, the MAiRA cognitive collaborative robot with integrated 3D vision and voice recognition, the LARA lightweight robotic arm, the MiPA service robot, and the MAV autonomous mobile robot. The company designs and manufactures its intelligent robots in-house. In June 2026 NEURA announced a record Series C of up to $1.4 billion at roughly a $7 billion valuation, led by Tether with backers including Nvidia, Amazon and Qualcomm.
Galway, Ireland · Startup Neurent Medical is a Galway-based medtech company developing the NEUROMARK device, which uses proprietary Impedance Controlled Radiofrequency technology to target overactive posterior nasal nerves and treat chronic rhinitis — a condition affecting over 500 million people globally. Founded in 2015, the company closed an oversubscribed €62.5 million Series C in February 2026, led by MVM Partners with participation from Sofinnova Partners, EQT Life Sciences, Atlantic Bridge, and Enterprise Ireland, bringing total funding to over €100 million.
Warsaw, Poland · Startup Polish-Israeli medtech startup developing VGuard, a non-invasive vagus nerve stimulation system aimed at improving cognitive outcomes in patients with Alzheimer’s disease and dementia. The company is advancing clinical validation and regulatory pathways across Europe and the US.
Dublin, Ireland · Startup Medical-device company developing bimodal neuromodulation technology. Its flagship product Lenire is the first FDA-approved bimodal neuromodulation tinnitus treatment, available in 130+ clinics across the US and Europe. Founded 2010.
London, United Kingdom · Startup Nevis is an AI platform for the wealth management industry, describing itself as the first unified AI platform for wealth management. It automates advisors' administrative and operational workflows end-to-end, including meeting summaries and prep, intelligent search, client email drafting, task generation, and account opening with custodians. The company primarily targets Registered Investment Advisors. Founded in 2024 by three former Revolut employees, it is headquartered in London, and in December 2025 it acquired voice-AI startup Ledra AI.
Wageningen, Netherlands · Startup Grows wood from tree stem cells in bioreactors without logging, producing material far faster than conventional forestry. Founded in 2023 on Wageningen Campus, it raised an oversubscribed €2.1M pre-seed to advance cultured-wood technology.
Turin, Italy · Startup newcleo develops Generation IV lead-cooled fast reactors (LFRs) fuelled by recycled nuclear waste, targeting a closed-fuel-cycle that dramatically reduces long-term radioactive waste. Founded in 2021 by Stefano Buono — previously founder of NASDAQ-listed nuclear medicine company Advanced Accelerator Applications, acquired by Novartis for $3.9 billion — newcleo has raised over $755 million to date, including $85 million in early 2026. The company is building PRECURSOR, a 10 MW non-nuclear lead-cooled test system at ENEA's Brasimone Research Center in Italy, with a full demonstration reactor planned for France by 2032 and €28 million invested in Turin research facilities.
Luxembourg City, Luxembourg · Startup Luxembourg-based fintech providing SPARK, an AI-powered operating ecosystem for automating investment operations in asset management. Handles middle- and back-office oversight with agentic AI, processing 5 petabytes of data monthly for institutions including BNP Paribas Securities Services, Amundi, and Capital Group across €500bn+ in assets.
Paris, France · Startup AI platform that lets French SMEs and micro-enterprises respond to public tenders in under an hour, automating DCE analysis and generating full application dossiers including technical proposals, DC1, DC2 and commitment acts.
Limassol, Cyprus · Startup Nexters is a Limassol-headquartered mid-core mobile games publisher best known for Hero Wars, a long-running RPG that at its peak was one of the highest-grossing role-playing games on iOS and Android worldwide and popularized the now-ubiquitous 'puzzle in the ad, different game inside' marketing pattern. The company runs a portfolio of live-ops titles, relies on heavy user-acquisition and A/B testing in-house, and operates from Cyprus as a talent and operational hub following the 2020-2022 wave of games-industry migration into Limassol. In 2021 Nexters went public on Nasdaq via a SPAC combination at a valuation north of USD 1.5 billion, making it one of the very few Cyprus-listed consumer-tech exits on a major US exchange. For the directory it represents the scale of the Limassol mobile-gaming cluster that grew up around Wargaming and has since attracted dozens of studios and publishers.
Zurich, Switzerland · Startup Zurich-based AI-first enterprise operating system for SMEs and freelancers that automates invoicing, accounting, payroll, and document management in a single platform. Built on ETH and HSG research. Connects all operational processes with AI as the core layer rather than an add-on module.
Lausanne, Switzerland · Startup Nexthink is a Lausanne-based Digital Employee Experience (DEX) company co-founded in 2004 by Pedro Bados and Patrick Hertzog as an EPFL spin-out. The company built a platform that captures real-time endpoint telemetry from millions of devices, enabling IT teams to diagnose problems proactively, automate remediation, and measure the digital experience of every employee. After two decades of private growth backed by Lightspeed Growth and Permira, Nexthink listed on the Nasdaq in February 2024, becoming one of the most significant Swiss software IPOs in recent memory. The platform is used by over 1,000 enterprise customers including HP, Bank of America, and Nestlé across 190 countries, processing data from more than 15 million endpoints. Nexthink exemplifies the EPFL-to-global-enterprise trajectory that defines Lausanne's software cluster.
Baku, Azerbaijan · Startup NEXUS (Nexus Lab) is a Baku-based climate-aviation software startup attacking one of the least-addressed parts of the flight emissions picture: non-CO2 warming, and in particular contrail-induced radiative forcing, which research suggests contributes roughly as much to aviation's near-term climate impact as its CO2 alone. The team combines atmospheric reanalysis data, probabilistic ice-supersaturation forecasting, and route/altitude optimization to produce flight-level recommendations airlines can apply without material fuel or schedule penalties. Its product is positioned for the European market specifically because of EU ETS and CORSIA-adjacent disclosure regimes that will increasingly price non-CO2 effects as the EU's non-CO2 monitoring rules phase in. Nexus Lab emerged through the 500 Global Eurasia program and is one of the more technically ambitious deep-tech bets to come out of the Azerbaijani ecosystem so far.
Warsaw, Poland · Startup Nice To Fit You is a Warsaw-based foodtech company offering premium boxed diet catering subscriptions with personalized meal plans. Founded in 2014, the company delivers nutritionally balanced, chef-prepared meals daily to health-conscious consumers across Poland. NTFY offers multiple diet programs including low-calorie, keto, vegan, and sports-oriented plans, all designed by dietitians. The company has grown to become one of Poland's leading diet catering brands in a competitive market with dozens of local players, capitalizing on the strong Polish consumer trend toward convenient healthy eating.
Helsinki, Finland · Startup Nightingale Health is the global leader in NMR-based metabolomics, quantifying 250 blood biomarkers from a single sample to enable large-scale disease risk detection and prevention. Founded in Helsinki, it completed the analysis of all 500,000 UK Biobank samples, creating the world's largest blood biomarker database. Listed on Nasdaq Helsinki Main Market since March 2025, the company is deploying its technology into Finnish public healthcare in 2026 through wellbeing services counties. It also partnered with Alamar Biosciences to expand into brain health proteomics.
London, United Kingdom · Startup Nivoda is a London-based B2B online marketplace for the global jewellery trade, founded in 2017. Its platform lets jewellers and retailers source diamonds (natural and lab-grown), coloured gemstones, melee, and made-to-order finished jewellery without holding their own stock. Nivoda layers technology onto the traditional diamond supply chain, offering virtual showroom tools, API inventory feeds for retailer websites, consolidated shipping and invoicing, risk-free returns, express delivery, and flexible trade-credit payment terms. It describes itself as the world's leading B2B diamond marketplace, serving jewellers internationally.
Oslo, Norway · Startup No Isolation is a Norwegian scale-up founded in 2015 that develops telepresence robots to combat social isolation. Its flagship product, the AV1 robot, serves as a physical avatar in classrooms for children with long-term illness or special education needs, keeping them connected to school and peers when they cannot attend. The company now serves over 900 customers across 19 countries with more than 3,000 AV1 units deployed in around 2,500 schools, supporting over 10,000 children. No Isolation won the 2025 EURORDIS Company Award for Health Technology.
Antwerp, Belgium · Startup Nobi makes AI-powered smart ceiling lamps for senior living facilities that detect falls within seconds, alert caregivers instantly and monitor sleep, activity and circadian patterns to prevent incidents. Its model was trained on 250,000+ real-life fall scenarios; in clinical studies across five care homes, Nobi reduced average caregiver response time from over one hour to four minutes and cut falls by 51%. Founded in 2018 in Antwerp by Roeland Pelgrims, Bert De Haes and Stijn Verrept, it closed a €35 M Series B (co-led by Angelini Ventures and Nexus NeuroTech) in January 2025. Nobi is deployed in 22 countries with offices in Belgium, the US and the UK.
Toruń, Poland · Startup Noctiluca was founded in 2019 in Toruń as a spin-out from Synthex Technologies to commercialise thermally activated delayed fluorescence (TADF) emitter materials for OLED displays. The company designs and produces next-generation OLED emitters and maintains a commercial presence in Asia and the US. It raised roughly PLN 10M before its 2022 IPO on Poland's NewConnect market and graduated to the main Warsaw Stock Exchange in December 2024.
Warsaw, Poland · Startup Nomagic was founded in 2017 in Warsaw by Kacper Nowicki, Marek Cygan, and Tristan d'Orgeval. The company builds AI-powered robotic pick-and-place systems for warehouse order fulfilment, training its models on large volumes of real-world operational data. It raised a $22M Series A in 2022 backed by Khosla Ventures and Almaz Capital, with subsequent rounds bringing total funding above $80M, making it one of the most heavily funded Polish robotics companies.
Vilnius, Lithuania · Startup Nord Security is a Vilnius-based cybersecurity company founded in 2012 that builds a family of privacy and security products including NordVPN, NordPass (password manager), NordLocker (encrypted file storage), and NordLayer (business network security). NordVPN is one of the most recognized consumer VPN brands globally with tens of millions of users. The company employs over 2,000 people and has grown into one of the highest-valued private technology companies in the Baltic region. Nord Security represents Lithuania's strongest global consumer cybersecurity brand and a major anchor of the Vilnius tech ecosystem.
Belgrade, Serbia · Startup Nordeus is one of Southeast Europe's most important gaming companies and the studio behind Top Eleven, a globally successful football management game. The business is notable not just for creating a hit title, but for sustaining long-term user engagement through live operations, balancing, retention design, and ongoing content updates. That makes Nordeus a strong example of European gaming as both a creative and analytical discipline, where product success depends on community management, behavioral economics, and continuous optimization as much as on launch-day design. In ecosystem terms, Nordeus helped establish Belgrade as a serious game-development center and showed that major consumer entertainment businesses can scale from the region without following the standard SaaS path. It adds a useful dimension to the directory because gaming companies often develop advanced expertise in monetization, engagement, and lifecycle management that later influences wider consumer-product thinking across tech.
Riga, Latvia · Startup Nordigen is a Riga-based open banking data platform that was acquired by GoCardless in 2022. The company provides free access to bank account data through PSD2-compliant APIs, enabling fintechs, lenders, and financial service providers to retrieve transaction histories, account balances, and payment data from over 2,300 banks across 31 European countries. Nordigen's freemium model disrupted the open banking aggregation market by making basic bank connectivity accessible without per-API-call fees. As part of GoCardless, the Riga team continues to develop open banking infrastructure and represents an important Latvian contribution to Europe's financial data ecosystem.
Stockholm, Sweden · Startup Normative is a Stockholm-based climate-tech company founded in 2014 that provides carbon accounting software, helping companies measure their full greenhouse-gas footprint, including scope 3 supply-chain emissions, and produce science-based reduction plans and regulatory reports. It co-founded the SME Climate Hub together with the United Nations and works with enterprise customers across Europe.
Tallinn, Estonia · Startup Nortal is a Tallinn-based digital transformation company founded in 2000 that has become one of the most influential govtech and enterprise IT consultancies in Europe. The company helped build Estonia's pioneering e-government infrastructure and now exports that expertise to governments and large enterprises across 25+ countries, including Oman, Finland, and Saudi Arabia. With over 1,500 employees, Nortal delivers end-to-end services spanning strategy, software engineering, data platforms, and cloud migration. It stands as proof that Baltic govtech know-how can scale into a global consulting and technology business.
Stockholm, Sweden · Startup Northvolt is one of the most consequential climate-tech companies ever built in Europe because it attempted to establish a continental battery manufacturing base for the electric era. The company became a flagship industrial project by combining battery-cell production, recycling ambitions, and strategic partnerships with European automotive and industrial players. That vision mattered well beyond Sweden: Northvolt symbolized Europe's effort to reduce dependence on external battery supply chains and to anchor advanced manufacturing capacity closer to regional customers. Its story is also a reminder that deep industrial startups operate under very different constraints than software companies. Battery manufacturing requires enormous capex, long build cycles, complex procurement, and tight execution across energy, materials, logistics, and customer contracts. Even with that complexity and its later financial distress, Northvolt remains central to understanding Europe's climate and industrial-tech ecosystem because it reset expectations for how ambitious startup-backed manufacturing on the continent could be. In directory terms, Northvolt broadens the picture beyond software and marketplaces by representing the hardware-heavy, infrastructure-scale side of innovation that shapes the future of transport, energy resilience, and industrial policy across Europe.
London, United Kingdom · Startup Design-led consumer electronics brand behind transparent Android smartphones and earbuds. Nothing is a startup based in London, United Kingdom at the growth stage. The company operates in the Consumer Electronics, Hardware space. Learn more at their website.
Amersfoort, Netherlands · Startup Extends the life of lithium-ion batteries through repair, remanufacturing, diagnostics and maintenance using original parts. Founded 2019; operates hubs in the Netherlands and France with capacity for 120,000+ batteries per year.
London, United Kingdom · Startup Nscale develops and operates AI-native infrastructure, including modular data center capacity optimized for high-density GPU workloads. The company focuses on sovereign and energy-efficient compute supply for enterprise and model providers, and has expanded rapidly through large infrastructure financing and strategic partnerships.
Dublin, Ireland · Startup Nuitée is a travel technology company providing API infrastructure for hotel connectivity and distribution, acting as a link between accommodation providers and demand partners. Headquartered in Dublin, with additional offices in Spain, Morocco, the UK and the US, it offers product families spanning distribution and booking solutions, APIs and whitelabel services, and hotel data mapping. Its platform enables hotels, airlines, travel agencies and app developers to build travel and booking solutions, including AI-driven workflows for booking, pricing and distribution. The company was founded by Med Benmansour (CEO), Said Rkaibi and Olivier Dheur, and raised a $48 million Series A round led by Accel.
Graz, Austria · Startup Nuki is a Graz-based Austrian startup, founded in 2014 by brothers Martin Pansy (CEO) and Jürgen Pansy, that makes retrofit smart locks and access hardware requiring no drilling and fitting most existing European door cylinders in minutes. Its line spans the flagship Smart Lock Ultra — with a brushless motor that unlocks in under a second and a 2025 CES Innovation Award — alongside the Keypad 2 (PIN, fingerprint and NFC), Opener (intercom bridge), Fob and Door Sensor, with compatibility across Apple Home, Alexa, Google Home and SmartThings. Nuki was the first electronic lock with native Matter support and an early adopter of the Aliro NFC access standard, and is privacy-first, requiring no mandatory user account.
By early 2026 Nuki had over 600,000 smart locks deployed, more than one million active users and over two billion locking operations a year, positioning it as Europe's leading smart-lock brand after 50%+ annual sales growth in 2022 and 2023. The company entered the US market in July 2025 and is preparing a door-integrated Smart Module for late 2026. Nuki has raised roughly €22M, led by German growth investor Cipio Partners in a €20M+ 2021 round with Austrian backers Up to Eleven, Fortuna and Venta, and was an earlier strategic partner of Allegion.
Cambridge, United Kingdom · Startup Cambridge, UK battery company developing extreme fast-charge technology using tungsten-based anode chemistry. Its cells recharge to 80% in under five minutes, targeting industrial EVs, power tools, and consumer electronics. Raised a $60M Series C in 2024 at a reported $1B valuation.
London, United Kingdom · Startup OakNorth is a London-based fintech founded in 2015 that operates as a profitable digital bank and credit intelligence software provider. Its OakNorth Credit Intelligence platform uses AI and machine learning to help commercial lenders make better decisions for mid-market businesses, the segment typically underserved by traditional banks. The bank itself has lent over GBP 10 billion since launch and has been consistently profitable. OakNorth raised $1 billion from investors including SoftBank, reaching a valuation of $4.7 billion. The software platform is licensed to banks globally.
Oxford, United Kingdom · Startup Ochre Bio is an Oxford-based biotech startup combining computational genomics, machine learning, and RNA therapeutics to develop treatments for chronic liver diseases. Founded in 2019, the company uses human donor livers and large-scale transcriptomic data to identify novel drug targets, then designs RNA-based therapies to address conditions such as NASH and liver fibrosis. Ochre Bio has raised significant venture funding and works with transplant centers to validate its candidates in perfused human organs.
Sliema, Malta · Startup Octoplay (trading as Gameshop Limited) is a Malta-based B2B iGaming slot game developer founded in October 2022 by former Evolution Gaming executives. The company builds and supplies online slot titles through its own Remote Gaming Server (RGS) and holds licences from the Malta Gaming Authority, the UK Gambling Commission, and several other regulators. Its portfolio includes over 70 slot and 'smash' game titles.
Oslo, Norway · Startup Oda is an Oslo-based online grocery delivery company that has built one of Europe's most efficient automated grocery fulfillment operations. Originally launched as Kolonial.no, the company rebranded to Oda and developed proprietary warehouse automation technology that enables it to pick and deliver grocery orders at significantly lower cost than traditional supermarkets. Oda expanded into Finland and Germany and has raised over $400 million from investors including SoftBank. The company represents Norway's most ambitious attempt at reimagining grocery retail through technology and logistics innovation, offering a compelling alternative to the dark-store model pursued by rapid delivery startups.
Prague, Czech Republic · Startup Oddin.gg is a B2B provider of esports odds feeds, risk management, and trading tools. It supplies real-time probabilities for esports titles such as Counter-Strike and League of Legends, enabling betting operators to price markets reliably. The company has become a global leader in esports wagering infrastructure. By 2026, Oddin.gg is one of the Czech Republic’s most internationally recognized gaming-tech exports.
Louvain-la-Neuve, Belgium · Startup Odoo is a Belgian company that develops an open-source, all-in-one suite of business applications covering ERP, CRM, accounting, e-commerce, inventory and project management. Founded by Fabien Pinckaers, it traces its origins to software he began as TinyERP, later OpenERP, before being renamed Odoo. Headquartered in Louvain-la-Neuve, it has grown into a multinational with offices on several continents and a large global customer base. A November 2024 secondary transaction led by CapitalG and Sequoia Capital valued the company at €5 billion, and subsequent reporting in early 2026 put the valuation above €7 billion.
Sofia, Bulgaria · Startup OfficeRnD is a Sofia-based workplace management platform that helps companies manage hybrid work, flexible office space, and coworking operations. The software provides desk booking, room scheduling, visitor management, and space utilization analytics for organizations transitioning to flexible work models. The company has grown its customer base across Europe and North America, serving both enterprise hybrid workplaces and coworking operators. OfficeRnD is a strong example of Bulgarian SaaS companies addressing the global shift toward flexible work infrastructure with well-designed operational tooling.
Budapest, Hungary · Startup Molecular diagnostics company developing next-generation sequencing assays and software for HLA typing in transplantation, including the Holotype HLA and NanoTYPE systems for clinical labs.
London, United Kingdom · Startup Omnea is a London-based procurement and spend management software company founded in 2022 by ex-Tessian executives Ben Freeman (CEO) and Ben Allen (CTO). Its AI-native platform provides a single front door where employees can make procurement requests in natural language, then orchestrates workflows across finance, legal, risk and IT, automating the full supplier lifecycle from intake and approvals to third-party risk management and renewals. The platform includes no-code workflow builders, supplier onboarding portals, RFx event management and integrations with hundreds of systems. Customers include Spotify, Wise, MongoDB, Adecco and PayPal.
Vilnius, Lithuania · Startup Ondato was founded in 2018 in Vilnius by Liudas Kanapienis and Andrej Vistorskij as a compliance and identity technology platform. It provides KYC, KYB, and AML solutions including digital identity verification, biometric authentication, business onboarding, fraud detection, and risk scoring. The company has raised €6.6 million in total funding and serves over 300 clients globally, with offices in Lithuania, the United Kingdom, and Poland.
Berlin, Germany · Startup Berlin-based football media and technology platform founded in 2008, offering live scores, news, stats and streaming (OneFootball TV) across 200+ leagues to a global audience.
London, United Kingdom · Startup Onfido is a London-based identity verification company founded in 2012 that uses AI and biometric technology to help businesses verify user identities remotely. The platform combines document verification with facial biometrics to enable onboarding for financial services, sharing economy, healthcare, and other regulated industries. Onfido was acquired by Entrust in 2024 for approximately $400 million. Before the acquisition, the company had raised over $200 million and served customers including Revolut, Zipcar, and Bitstamp across 195 countries, processing millions of identity checks annually.
Sofia, Bulgaria · Startup Traveltech platform (formerly Flataway) using AI to build direct-booking websites and a conversion-focused booking engine for vacation-rental property managers, integrating with 40+ PMS systems to cut OTA dependency.
Sofia, Bulgaria · Startup Ontotext is a Sofia-based semantic-technology company that builds GraphDB, one of the leading commercial RDF-native graph databases, together with a suite of text-analysis and knowledge-graph tools used by media organizations, pharmaceutical companies, intelligence agencies, and financial institutions to turn unstructured content into structured, queryable knowledge. The BBC famously used Ontotext's semantic platform to power its 2010 World Cup and 2012 Olympics sites — one of the earliest high-profile production deployments of a knowledge graph at a major media brand — and the company has since expanded into clinical research, drug discovery, and enterprise retrieval-augmented generation (RAG) pipelines where graph-structured knowledge is paired with LLMs. Founded in 2000 as a spin-off from Sirma Group, Ontotext is a rare example of a deep, patient, deep-tech European knowledge-engineering company that predated the current AI wave and is now a load-bearing piece of several enterprise RAG stacks.
Madrid, Spain · Startup OnTruck is a digital road-freight marketplace connecting shippers with truck operators, with instant pricing, real-time tracking and automated payments. It focuses on short-haul routes and uses AI to cut empty kilometres and emissions across Spain and France.
Madrid, Spain · Startup Onum is a real-time telemetry-pipeline platform that ingests, enriches, filters and routes large volumes of security and observability data before it reaches a SIEM or data lake, cutting storage costs and speeding incident response. Acquired by CrowdStrike in 2025.
Wrocław, Poland · Startup Open-source, AI-native commerce and operations framework co-founded in 2025 by Piotr Karwatka (creator of Vue Storefront / Alokai) and Tomasz Karwatka (founder of Divante). It provides modular infrastructure for building custom commerce, ERP and finance software with AI-assisted engineering, combining SaaS speed with bespoke flexibility.
Malmö, Sweden · Startup Agentic security platform that automates threat modelling for engineering teams using AI coding tools like Cursor and GitHub Copilot. Continuously maps codebase architecture, flags security risks and delivers contextual remediations in developer workflows; in production at Miro and Tandem Health.
London, United Kingdom · Startup Orbital Materials is a London-based AI startup applying foundation models to materials science, with a focus on designing novel carbon-capture sorbents, thermal management materials, and clean-energy components. Founded by former DeepMind researchers, the company developed LINUS, a large-scale generative model for atomic structures that can predict material properties and propose new compositions. Orbital has raised over $22 million from investors including Khosla Ventures and Radical Ventures. The company bridges the gap between AI research and physical-world climate technology, representing a new class of UK deep-tech ventures using machine learning for industrial decarbonization.
Riga, Latvia · Startup Origin Robotics is a Latvian defence-tech company founded in 2022 by Agris Kipurs and Ilja Nevdah in response to Russia's invasion of Ukraine. The company develops advanced autonomous UAV systems combining AI computer vision with cost-effective hardware. Its flagship BEAK system is a man-portable, mid-range precision-guided weapon with a 15 km reach already deployed by Latvian and Ukrainian armed forces, while BLAZE is an autonomous counter-UAS interceptor using radar and AI vision. Origin has raised €4 million in pre-seed funding led by Change Ventures and secured an additional €4.5 million European Defence Fund grant.
Osijek, Croatia · Startup Orqa is an Osijek-based hardware company that builds high-performance FPV (first-person-view) goggles, video transmission systems, and drone software used by professional drone racers, industrial inspection teams, cinematography crews, and — increasingly — military users in Ukraine and elsewhere who need low-latency remote flight at scale. The company's flagship FPV.One family of goggles became a reference product in the high-end racing scene for its micro-OLED displays, refresh rates, and firmware openness, and the team has since expanded into digital HD video links and open FPV platforms. Orqa runs a full electronics design and manufacturing operation out of Slavonia, which is unusual in a region better known for software, and has become a visible example of defense-and-dual-use hardware built on a European open supply chain. For the directory it rounds out Croatia's industrial-tech picture alongside Rimac's automotive deep tech and Infobip's telecom infrastructure.
Lille, France · Startup A fully French project-management SaaS (published by Agence Ici) combining Kanban, the Eisenhower matrix, GTD, Gantt charts, automated task-distribution scenarios and performance indicators in one tool designed to reduce cognitive load. It targets SMEs and growing teams wanting a simpler, European-hosted alternative to Asana, Jira or Monday.
Amsterdam, Netherlands · Startup Otrium is an Amsterdam-based e-commerce company founded in 2016 that runs an online fashion outlet marketplace, giving premium and designer brands a dedicated channel to sell past-season and surplus stock to consumers instead of destroying or heavily discounting it in stores. It combines a curated shopping experience with data tools that help brands manage end-of-season inventory more sustainably.
Oulu, Finland · Startup Oura is a Finnish wearable company best known for the Oura Ring, a smart ring that packages continuous biometric sensing into a minimal consumer device. The product built its reputation through strong sleep and recovery tracking, then expanded into broader health insights around readiness, activity, stress, and women's health. What makes Oura significant in the European ecosystem is its ability to combine hardware design, sensor engineering, mobile product experience, and recurring software engagement into a durable health platform. Many consumer wearables compete on notifications and surface-level metrics; Oura instead positioned itself around insight quality, habit formation, and long-term user retention. That has made it a standout European example of a hardware-plus-subscription business that can scale globally without losing product clarity. In directory terms, Oura also broadens the map between consumer technology and healthtech, showing how European startups can build defensible products at the intersection of devices, data, and preventive care. Its success offers a useful contrast to pure software companies and highlights Finland's continued ability to produce globally relevant product and hardware talent.
Vilnius, Lithuania · Startup Vilnius-based startup building an autonomous revenue engine—AI sales agents that engage prospects, qualify leads, and schedule meetings in real time across email and chat channels without human involvement for routine interactions. Raised €2M pre-seed from Practica Capital.
Ljubljana, Slovenia · Startup Outfit7 is the Slovenian-born mobile entertainment studio behind the Talking Tom and Friends franchise, which has become one of the most downloaded mobile IPs in the world and a textbook example of a European consumer software company achieving escape velocity into the US and Asian markets without relocating its engineering base out of Ljubljana. Founded in 2009 by Samo and Iza Login, the studio combined a viral AR-era animal avatar concept with disciplined live-ops, mobile advertising, and cross-promotion to drive billions of downloads, and in 2017 sold to China's Zhejiang Jinke Entertainment in one of the largest cash exits ever achieved by a Slovenian tech company. Today Outfit7 remains the anchor of Slovenia's consumer gaming cluster, running the Talking Tom & Friends universe across games, TV series, and licensed merchandise, and continuing to ship new free-to-play titles from its Ljubljana, Limassol, and London offices.
London, United Kingdom · Startup Overmind provides a security and control layer for agentic AI deployments in enterprise systems. The platform supervises autonomous agent behavior in live workflows and intervenes when actions appear unsafe, adversarially influenced, or outside policy constraints.
Roubaix, France · Startup OVHcloud is Europe's largest cloud hosting provider, operating a global network of data centers offering dedicated servers, public cloud, private cloud, and web hosting services. Founded in 1999 by Octave Klaba, OVHcloud went public on Euronext Paris in 2021 and serves over 1.6 million customers worldwide. The company is a key pillar of European digital sovereignty, manufacturing its own servers and cooling systems to control costs and reduce dependency on US hyperscalers.
Zurich, Switzerland · Startup Oviva is a digital health company that helps people with weight-related and metabolic conditions, including obesity, type 2 diabetes, prediabetes, and hypertension, improve their health through medical nutritional therapy. Its model combines a medical-device-certified smartphone app with clinical teams of doctors, dietitians, and behavioural specialists, with patients logging meals, activity, and weight while receiving tailored remote support from their dietitian. The company describes itself as Europe's leading digital health provider for weight-related conditions, with care reimbursed as a certified DiGA in Germany, delivered in partnership with the NHS in the UK, and integrated into Swiss public healthcare. It is headquartered in Zurich.
Paris, France · Startup Owkin is a Paris-based AI biotech founded in 2016 that applies machine learning and federated learning across hospital and pharmaceutical datasets to discover drug targets, develop diagnostics and de-risk clinical trials. It partners with pharmaceutical companies including Sanofi and Bristol Myers Squibb, reached unicorn status, and has more recently launched agentic AI tools for biopharma research.
Cluj-Napoca, Romania · Startup Builds a Rust-based secure operating system and toolchain for safety-critical automotive ECUs, aiming to cut development time while improving memory safety and security for car software.
Vilnius, Lithuania · Startup Oxylabs, founded in 2015 and headquartered in Vilnius, provides web data collection infrastructure including a proxy network of over 175 million residential IPs, a Web Scraper API, and AI-powered data extraction tools. The company serves use cases in market research, ad verification, brand protection, and AI training data. In 2025 Oxylabs acquired French web scraping API provider ScrapingBee. It employs between 500 and 1,000 people across multiple locations.
Warsaw, Poland · Startup Warsaw-based custom packaging platform serving SMBs and brands across Europe. Packhelp combines an online design tool, configurable product catalogue (boxes, mailers, labels, tape), and a European manufacturing network to deliver branded packaging at low MOQs. Early backer: Movens Capital (Fund 1); later rounds brought in Kennet Partners, Speedinvest, and others.
Tallinn, Estonia · Startup Builds autonomous AI agents that run supplier negotiations at scale for large enterprises, covering pricing, payment terms and rebates. Used by 60+ global brands including Walmart and Maersk; raised EUR 18.4M in 2024.
London, United Kingdom · Startup UK Merchant-of-Record platform handling payments, sales tax, compliance and billing across 300+ markets for SaaS and digital-product businesses; serves 10,000+ customers.
Paris, France · Startup Papernest is a Paris-founded platform that simplifies moving and managing household utility contracts, including energy, internet, and insurance subscriptions. Founded in 2015, the service helps consumers switch or set up providers in minutes, acting as a digital concierge for administrative tasks that are traditionally time-consuming in France and Spain. The company has raised over EUR 130 million and operates with a large engineering team in Barcelona. Papernest serves millions of users and has become one of France's leading consumer subscription management platforms.
Budapest, Hungary · Startup Mobility app founded in 2016 that combines on-street and off-street parking, EV charging across 170,000+ stations and highway vignettes in one platform, with B2B offerings for office buildings and fleets.
Berlin, Germany · Startup Parloa is the German champion of enterprise AI for customer service. While consumer chatbots attract headlines, Parloa has built the operating system for large contact centers, enabling non-technical teams to deploy AI agents that handle complex voice and chat interactions. Its platform is trusted by large European enterprises such as Allianz, Decathlon, and Swiss Life, and it focuses on governance, compliance, and integration with legacy systems rather than flashy demos.
In January 2026, Parloa announced a $350M Series D led by General Catalyst, reportedly valuing the company at about $3B. The round validated its strategic shift from "chatbots" to "agent fleet management." Parloa does not just deploy a single bot; it manages and audits thousands of agents, ensuring they remain compliant, minimize hallucinations, and integrate cleanly with back-office systems such as SAP and Salesforce. This operational emphasis is why Parloa has become the default choice for risk-sensitive industries like insurance, retail, and financial services.
Parloa's 2026 roadmap is "voice-first AI." The company has developed speech-to-speech models that reduce the latency and robotic cadence that make older IVR systems frustrating. Its agents can handle interruptions, use backchannel cues, and operate across regions with language and accent adaptation, which is critical for multinational contact centers. With fresh capital, Parloa is acquiring smaller AI boutiques to consolidate the European market and is building a significant presence in New York to serve Fortune 500 clients in North America.
The company is deeply connected to the Berlin AI ecosystem, with ties to Merantix and the wider Berlin AI Campus, and it has a strategic relationship with Microsoft for Startups and Azure deployment. Its investor base includes General Catalyst, Altimeter Capital, EQT Ventures, Newion, and Senovo, giving it a mix of global growth capital and specialized SaaS expertise. In 2026, Parloa stands out as Europe's clearest enterprise AI winner in customer service: a scaled, governance-heavy platform that makes autonomous agents safe and effective inside the largest organizations.
Baku, Azerbaijan · Startup PASHA Holding is Azerbaijan's largest diversified conglomerate, and its technology ventures arm invests in and incubates digital businesses across fintech, insurtech, and enterprise software. Through subsidiaries like PASHA Bank and PASHA Insurance, the group has launched digital-first products including mobile banking platforms, automated insurance underwriting, and data analytics capabilities. The holding's tech initiatives are significant because they channel substantial domestic capital into digital infrastructure and create a corporate innovation layer that smaller Azerbaijani startups can plug into for distribution and enterprise validation.
Massy, France · Startup Pasqal is a French quantum computing company founded in 2019 and spun out of the Institut d'Optique that builds quantum processors based on neutral atoms held and arranged with optical tweezers. Co-founded by researchers including Nobel laureate Alain Aspect, it develops full-stack hardware and software for applications in chemistry, finance and optimisation, and raised a 100 million euro Series B round in 2023.
Budapest, Hungary · Startup B2B Buy Now Pay Later fintech that lets merchants offer business buyers deferred payment terms of 15-90 days while the merchant is paid instantly, handling credit risk and collections.
Prague, Czech Republic · Startup AI-powered personal finance app that detects unnecessarily high payments and subscriptions in users' bank accounts and recommends better offers. Operating in Czechia and Slovakia, it has passed 350,000 users.
Berlin, Germany · Startup Berlin-based healthtech company offering an emergency smartwatch paired with a companion app for elderly people living independently. The SIM-enabled device connects to a 24/7 emergency call centre at the press of a button and keeps family members informed. Serves 25,000 users and has handled over 500,000 emergency calls.
Paris, France · Startup PayFit is a Paris-based fintech founded in 2016 that provides cloud payroll and HR software for small and medium-sized businesses, automating pay runs, leave, expenses and employee management across several European countries. It reached unicorn status in 2022 and serves tens of thousands of SMEs.
Barcelona, Spain · Startup Payflow is an earned-wage-access fintech letting employees draw down accrued salary at any time during the month at no cost, with employers paying a platform fee. It has grown into a financial-wellness app serving 800+ companies and 500,000 employees across Spain, Portugal, Peru and Colombia.
Sofia, Bulgaria · Startup Payhawk is a Sofia-founded fintech company focused on spend management for multi-entity businesses. The platform combines corporate cards, expense controls, reimbursements, accounts payable workflows, and accounting integrations into one system designed for finance teams that need real-time visibility over company spending. That matters because expense management becomes significantly more complex once a business expands across countries, currencies, and legal entities. Payhawk's strength is in turning those fragmented workflows into a more controlled operational system that links employee spending directly to approval logic and ERP records. In the European startup ecosystem, Payhawk is notable both as a major Bulgarian success story and as an example of enterprise fintech that sells into sophisticated finance organizations rather than only SMB card use cases. It therefore sits close to travel, procurement, and financial operations infrastructure, making it a useful link between SaaS workflow tooling and regulated finance systems.
Sopot, Poland · Startup Paymove is a Sopot-based fintech that digitises unattended and offline commerce, replacing legacy physical payment hardware with secure QR-based payments that need no app download. The company is also building payment infrastructure for autonomous AI agents. It is active in more than 2,000 locations in Poland and reaches over 600,000 users.
Sofia, Bulgaria · Startup Payments platform giving online merchants across Central and Eastern Europe unified access to card payments, BNPL, local payment methods and multi-currency settlement via a single integration. Raised a €5M seed, bringing total funding to €7M.
Vilnius, Lithuania · Startup Paysera, founded in 2004, became Lithuania's first licensed e-money institution when the Bank of Lithuania issued it an unlimited electronic money licence in 2012. The company offers online and in-store payment processing, international money transfers, currency exchange, and investment services to individuals and businesses in over 30 countries. It employs more than 700 people. The platform serves event organisers, e-shops, physical retailers, and private clients.
Sliema, Malta · Startup Paytently is a payment orchestration platform built by former executives from Checkout.com, Trustly, and TrueLayer. Founded in 2022 and launched commercially in 2023, its single API enables businesses to route transactions across 60+ acquiring partners and 200+ alternative payment methods, with AI-powered fraud detection and intelligent routing to optimise success rates. Regulated as a Payment Institution by the Malta Financial Services Authority, the company serves iGaming, e-commerce, and other high-volume verticals from its headquarters in Sliema.
Hoofddorp, Netherlands · Startup Fintech payments provider founded in 2002 and headquartered in Hoofddorp, Netherlands, owned by Prosus/Naspers. Processes online payments for merchants across CEE, LatAm and Africa.
Tbilisi, Georgia · Startup Payze is a Tbilisi-based payment-orchestration and acquiring layer built specifically for merchants operating across the Caucasus, CIS, and Eastern European markets, where a single global PSP rarely has strong enough local rails to cover the whole corridor. The platform gives e-commerce operators and marketplaces one API for card processing, Apple Pay and Google Pay, local bank methods, tokenization, and — crucially — automated split payments that route a single customer charge to multiple beneficiaries (sellers, drivers, partners) without building custom ledger logic. Founded in 2020, Payze has raised from Y Combinator (W22 cohort) and 500 Global via the 500 Georgia/Eurasia program, and is backed locally by GITA, the Georgian Innovation and Technology Agency. It is one of the clearest examples of a Georgian B2B fintech that has converted the country's position as a regional crossroads between Europe, Turkey, and the CIS into a commercial wedge in payments infrastructure.
Istanbul, Turkey · Startup Peak Games was an Istanbul-based mobile gaming company that built globally successful casual puzzle games including Toon Blast and Toy Blast, which attracted hundreds of millions of downloads. The company was acquired by Zynga in 2020 for $1.8 billion, marking one of the largest exits in Turkish and European gaming history. Founded in 2010 by Sidar Sahin, Peak Games demonstrated that world-class mobile gaming studios could emerge from Turkey, and its success helped catalyze a wave of gaming entrepreneurship in Istanbul. The acquisition validated the depth of Turkish mobile gaming talent and design expertise on the global stage.
Paris, France · Startup Pelico is a manufacturing and supply-chain orchestration platform that helps industrial operations teams identify and respond to disruptions in real time. It connects data, teams and tools across complex manufacturing operations to reduce part shortages and backlogs, cut inventory costs and improve on-time delivery. Founded in 2019 and headquartered in Paris, the company counts large manufacturers among its users and raised a $40 million strategic financing round led by General Catalyst in 2025 to advance generative AI in its platform and expand in North America.
Paris, France · Startup Accounting and financial management platform growing its engineering footprint in Spain. Pennylane is a startup based in Paris, France at the growth stage. The company operates in the Fintech, Accounting, SaaS space. Learn more at their website.
Munich, Germany · Startup Personio is a Munich-based HR software company that has become one of Europe’s most valuable SaaS startups. Founded in 2015 by Hanno Renner (CEO) and three co-founders from the Technical University of Munich, Personio set out to streamline HR management for small and mid-sized businesses. Its cloud platform offers an “all-in-one” suite – from recruiting and applicant tracking to payroll, attendance, and performance management. Personio’s focus on Europe’s underserved SME segment paid off spectacularly: as of 2024, the company serves 12,000+ customers across 70 countries (primarily firms with 10–2,000 employees). This rapid growth attracted major VC funding. Personio became a unicorn in January 2021 with a $1.7 billion valuation, and by October 2022 it raised a $200 million Series E extension at a staggering $8.5 billion valuation – making it one of Europe’s most valuable private tech companies at the time. Investors like Index Ventures, Accel, Lightspeed, and Greenoaks have backed Personio. The company has since expanded to 8 offices (including London, Dublin and Amsterdam) and grown to about 2,000 employees. Despite the size, Personio continues to post strong metrics: in 2023, revenue reportedly doubled and the firm reached over 15,000 customers by 2025. Personio’s success is often attributed to its user-friendly, modular platform tailored to non-technical HR teams at smaller companies. It integrates with 100+ other business tools and emphasizes automation of routine HR tasks. Now valued at $8.5 billion+, Personio is widely seen as a future IPO candidate and a role model for Europe’s B2B SaaS boom – proving that an “SMB HR” niche can scale to a global category leader.
Kyiv, Ukraine · Startup Pet-tech company founded in Kyiv in 2012 making interactive pet cameras with treat dispensers, GPS trackers and AI safety alerts, plus a Petcube Care subscription and online vet service.
Zagreb, Croatia · Startup Photomath is a Zagreb-founded consumer edtech app that lets students photograph a math problem with their phone camera and get back a step-by-step explanation of how to solve it, from early primary arithmetic all the way up to single-variable calculus. Founded in 2014 by Damir Sabol as an internal demo of a computer-vision OCR system at his company MicroBlink, Photomath became one of the most downloaded education apps in the world, with hundreds of millions of installs across iOS and Android and particularly strong usage in the US, Brazil, and parts of Europe. In 2022 Google acquired Photomath, integrating its solver into Google's broader education products, but the core engineering team continues to operate out of Zagreb, making it one of the most successful consumer tech exits ever achieved from Croatia and a flagship example of how world-class computer vision IP can ship from the Balkans into billions of users' pockets.
Bratislava, Slovakia · Startup Photoneo is a Bratislava-based robotics and machine-vision company focused on giving industrial automation systems reliable 3D perception in difficult physical environments. Its technology is built for tasks where standard 2D imaging or lower-quality depth sensing breaks down, such as picking mixed objects from bins, sorting items on fast-moving lines, or guiding industrial robots through high-precision work. That makes Photoneo important in the real economy layer of European tech, where better software alone is not enough and the limiting factor is accurate machine perception tied to physical execution. The company therefore sits at the intersection of robotics, manufacturing, logistics, and AI-enabled industrial automation. In ecosystem terms, it is a strong example of Slovak deep-tech with direct relevance to fulfillment, production, and warehouse efficiency across Europe. It also complements other automation businesses in the directory by representing the sensing layer that physical automation depends on before workflow software and robotics orchestration can deliver full value.
Paris, France · Startup Photoroom is a Paris-based AI company founded in 2019 that builds photo-editing tools which automatically remove and replace image backgrounds and generate product visuals, aimed primarily at e-commerce sellers and marketers. Its app has been downloaded tens of millions of times and it trains its own generative image models. It raised a 43 million dollar Series B round in 2024 led by Balderton Capital and Aglae Ventures.
Tbilisi, Georgia · Startup Phubber is a Tbilisi-based fashion re-commerce marketplace that combines the feed-driven social-shopping pattern popularized by Depop and Vinted with a mixed C2C and small-B2C inventory model tuned for the Caucasus. Buyers browse a scrollable, algorithmically ranked feed of pre-loved and indie-brand apparel; sellers can list in minutes with photos taken directly from the app; and the platform handles payments, local delivery integration, return flows, and dispute mediation so that trust — the usual blocker in peer-to-peer fashion — is not the user's problem. Phubber emerged as a breakout from the 500 Georgia/Eurasia program and is one of the more visible consumer-marketplace experiments coming out of Georgia, where most local tech is still B2B and fintech. It is a useful data point on how social-commerce patterns originally built for Western Gen-Z audiences are being re-implemented for emerging regional markets.
Sofia, Bulgaria · Startup Mobile digital wallet for contactless and peer-to-peer payments, IBAN transfers, bill payments and loyalty-card storage, with a free virtual Mastercard; payment services provided via licensed e-money firm Paynetics.
London, United Kingdom · Startup PhysicsX applies machine learning and generative AI to advanced engineering simulation across aerospace, automotive, and energy systems. The platform accelerates design loops by reducing simulation time for fluid, thermal, and structural modeling, helping industrial teams move from concept to validation faster.
Amsterdam, Netherlands · Startup Picnic is a Dutch online supermarket that rebuilt grocery delivery around planned logistics instead of adapting the economics of traditional retail stores. Customers order through an app, while Picnic fulfills from dedicated infrastructure and delivers on optimized neighborhood routes using tightly managed electric vehicles. That routing-first model makes the company structurally different from on-demand marketplaces because it reduces waste, increases drop density, and improves unit economics over time. As a result, Picnic is often discussed less as a consumer app and more as a logistics and software company disguised as a supermarket. It is a useful addition to the directory because it represents a European scale-up that won by controlling operations, data, and delivery cadence rather than by pursuing convenience at any cost. The company also broadens the dataset's coverage of e-commerce and supply-chain innovation, showing how category-defining startups can emerge from dense urban operations and disciplined software-led execution. For founders and investors studying European tech, Picnic is a strong reference case for how operational complexity can become a defensible moat rather than a burden.
Yerevan, Armenia · Startup PicsArt is a Yerevan-founded creative platform and photo/video editing suite that has grown into one of the most downloaded creative apps globally, with over 150 million monthly active users. The platform combines AI-powered editing tools, templates, stickers, and a creator community into a mobile-first experience used by casual creators and small businesses alike. Founded in 2011 by Hovhannes Avoyan, PicsArt raised over $130 million and represents Armenia's most prominent consumer technology export, demonstrating that world-class creative tools can be built and scaled from the region.
Ankara, Turkey · Startup Picus Security is an Ankara-founded cybersecurity company that built one of the earliest commercial breach-and-attack simulation (BAS) platforms — software that continuously runs safe, controlled attack techniques against an enterprise's production environment to see which ones are actually detected and blocked by the deployed security stack. Instead of trusting vendor claims, security teams get a measured, MITRE ATT&CK-mapped view of where their SIEM, EDR, firewalls, and email gateways are silently failing. Founded in 2013 by Alper Memiş and Volkan Ertürk, Picus has raised over USD 80 million from Turkvent, Earlybird, and Mastercard Ventures among others, and is regularly named a leader in Gartner's security validation and exposure management categories. It is one of the most internationally credible Turkish cybersecurity companies and a strong example of the region's deep-tech security talent.
Paris, France · Startup Pigment is a Paris-based enterprise planning platform founded in 2019 by Eléonore Crespo and Romain Niccoli, both former Criteo executives. The software enables finance, revenue, and HR teams to build collaborative budgets, forecasts, and scenario models in a flexible, real-time environment that replaces rigid spreadsheet workflows. Pigment has raised over $400 million from investors including ICONIQ Growth, Meritech Capital, and Greenoaks, reaching a valuation above $1.4 billion. The platform serves customers including Figma, Deliveroo, and Webhelp. Pigment is part of a new generation of European enterprise software companies challenging legacy planning tools like Anaplan and Adaptive Planning.
Vilnius, Lithuania · Startup Pigu / Hobby Hall Group is a Vilnius-headquartered Baltic e-commerce marketplace group operating localized online retail platforms across Lithuania, Latvia, Estonia, and Finland under brands including Pigu.lt and Hobby Hall. The group sells electronics, home goods, fashion, and sporting equipment, combining marketplace and first-party retail models. It is one of the largest e-commerce operators in the Baltic states, with strong brand recognition and logistics infrastructure tailored to the region. The group competes with Amazon and local players by offering local-language customer service, fast regional delivery, and curated assortments.
Warsaw, Poland · Startup Biotech drug-discovery company developing PKL-021, a small-molecule MMP inhibitor program for acute neuroprotection after stroke and traumatic brain injury, with additional applications in field-ready snakebite treatment.
Tallinn, Estonia · Startup Pipedrive is a sales-focused CRM platform originally founded in 2010 in Tallinn, Estonia by Timo Rein, Urmas Purde, and a team of experienced salespeople and developers. The platform provides an intuitive pipeline-management interface that helps small and mid-sized businesses track deals, automate follow-ups, and forecast revenue. Pipedrive serves over 100,000 paying companies in 175 countries and employs more than 850 people. In 2020, Vista Equity Partners acquired a majority stake at a reported $1.5 billion valuation. Pipedrive is one of Estonia's most prominent tech exports and a pillar of the Baltic startup ecosystem.
Berlin, Germany · Startup Pitch is a Berlin-based collaborative presentation platform founded in 2018 by Christian Reber, the creator of Wunderlist. The product enables teams to build, design, and present slide decks together in real time with built-in templates, brand controls, and analytics. Backed by investors including Index Ventures, Lakestar, and Thrive Capital, Pitch competes with Google Slides and Canva in the modern workplace productivity space and has attracted hundreds of thousands of teams worldwide.
Wrocław, Poland · Startup Pixers is a Wrocław-based online marketplace for personalised wall décor, offering millions of designs across wall murals, stickers, posters, and canvas prints. The company was co-founded in 2010 by Maciej Białek and grew to operate localised storefronts serving European and North American markets. It reached tens of millions in annual revenue on a self-financed basis, with no significant external funding rounds publicly disclosed.
Zurich, Switzerland · Startup Planted is a Zurich-based food technology company founded in 2019 by Christoph Jenny, Pascal Bieri, Eric Stirnemann, and Judith Wemmer as a spin-out from ETH Zurich. The company produces plant-based meat alternatives using a wet extrusion technology that creates fibrous textures closely mimicking animal proteins. Planted's products — planted.chicken, planted.pulled, and planted.kebab — are sold in supermarkets, restaurants, and food service channels across Switzerland, Germany, and neighbouring European markets. The company raised CHF 70 million in a Series B round in 2021 from investors including Vorwerk Ventures and Movendo Capital. Planted is part of the broader ETH Zurich food-tech cluster and is considered one of Europe's most technically sophisticated alternative protein companies, combining deep food science with aggressive consumer distribution.
Yerevan, Armenia · Startup Plat.AI is an Armenian AI technology company founded in 2020, specializing in predictive analytics solutions for the fintech and insurtech industries. Its platform processes up to 10 million predictions daily for credit and insurance organizations, and has deployed products in cooperation with Armenia's banking and social protection sectors in partnership with the Nork Technology Center. Plat.AI is an active contributor to data science education in Armenia and serves as a Gold Sponsor of PyData PyCon Yerevan 2026.
Elche, Spain · Startup Elche-based private launch company developing the Miura family of reusable rockets. Miura 1 completed Spain's first private suborbital rocket flight in October 2023, making PLD Space the first European private company to successfully fly a rocket. Miura 5, a small orbital launcher, targets commercial payloads for the global new-space market.
Copenhagen, Denmark · Startup Pleo is a Copenhagen-founded B2B spend-management unicorn that replaces paper expense claims with smart Mastercard-powered cards for employees and a real-time software platform for finance teams. Founded in 2015 by Jeppe Rindom and Niccolo Perra (former Tradeshift colleagues), it covers corporate cards, invoice management, vendor cards, multi-currency accounts and, since 2025, a full cash-management and treasury suite. As of mid-2025 Pleo serves 45,000+ businesses and over a million employees across 16 European markets, with the UK its largest.
Pleo reached unicorn status in 2021 and closed a $200M Series C extension led by Coatue in December 2021 at a $4.7bn valuation, then Denmark's most valuable private tech company. Total funding exceeds $476M, backed by European investors Kinnevik (Sweden), Creandum (Sweden), Founders (Denmark) and Seedcamp (UK) alongside US growth funds Stripes, Coatue and Thrive Capital. FY2025 net revenue was about €130M (up 25%), with break-even targeted for 2027 and a possible Copenhagen IPO under consideration.
London, United Kingdom · Startup Plum is a money management fintech that offers a mobile app with smart tools for automated saving, budgeting and investing, helping users manage personal finances with minimal manual effort. Founded in 2016 by Victor Trokoudes and Alex Michael, the company is headquartered in London with additional offices in Athens and Nicosia, and serves more than 2 million users across Europe. In July 2024 it raised a £16 million Series B round to support growth and a push toward profitability, with strategic investor Eurobank having taken a minority stake.
Copenhagen, Denmark · Startup Podimo is a Copenhagen founded subscription platform for podcasts and audiobooks, focused on local language content and creator revenue sharing. Launched in 2019, the company built exclusive catalogs in markets such as Denmark, Germany, Spain, and the Netherlands, and later expanded to Latin America. Podimo uses a subscription model that pays creators based on listen time, giving podcasters an alternative to advertising. The company has raised significant funding to scale its content studio and international footprint.
London, United Kingdom · Startup PolyAI is a London-based conversational AI company founded in 2017 by Cambridge machine-learning researchers that builds voice assistants, which it calls customer experience agents, capable of handling natural, open-ended customer service calls for enterprises in banking, hospitality, retail and telecoms. Its systems handle millions of customer interactions, and it raised a 50 million dollar round in 2024 at a valuation of around 500 million dollars.
Paris, France · Startup Poolside is arguably the most important "import" to the European AI ecosystem in the last decade. Founded by Jason Warner (former CTO of GitHub) and Eiso Kant, the company started in the United States but relocated its headquarters to Paris in 2024 to tap France's deep talent pool in mathematics, systems engineering, and AI research. Its mission is unusually ambitious: not just to build code autocomplete, but to create the world's most capable AI for software engineering, with a long-term goal of systems that can build and evolve software autonomously. This framing has made Poolside a defining player in the AI-for-developers category.
By 2026, Poolside has established itself as a core node in the "Paris AI Triangle" alongside Mistral and H. After a massive $500M Series B in late 2024 led by Bain Capital Ventures, the company launched its flagship foundation model trained on a distinct corpus of code, software architecture, and repository-level structure. The emphasis on engineering artifacts rather than general internet text allows Poolside's models to reason about large codebases, infer intent from architectural patterns, and propose higher-level refactors instead of one-off snippets. This technical posture differentiates Poolside from generalist models and makes it uniquely useful for enterprises grappling with decades of technical debt.
The company's 2026 platform looks less like a plugin and more like a "shadow engineering team." Poolside can analyze legacy banking systems, plan migrations across stacks, and coordinate changes across modules while preserving compliance and auditability. That capability has made it a darling of large financial institutions such as HSBC and Citi, and it explains why strategic investors are embedded alongside venture capital. Poolside is also scaling Project Horizon, a 2-gigawatt AI data center campus in Texas in partnership with CoreWeave, while keeping its research and model development anchored in Paris. This split setup reflects a broader pattern: US-scale compute, European R&D depth.
Poolside's ecosystem ties are deep. It is a central node at Station F and an active participant in the Paris AI Hub, and its relocation is often cited by the French government as a proof point for attracting foreign tech leadership. The investor roster underscores its strategic importance: Bain Capital Ventures led the growth round, DST Global joined as a late-stage backer, Xavier Niel provided early strategic support to facilitate the Paris move, and Nvidia is a hardware partner. In 2026, Poolside stands out as Europe's most credible attempt to build an AI-native software engineering stack at frontier scale.
Paris, France · Startup Popsink is a real-time data replication platform specialising in change data capture (CDC), enabling enterprises to extract live data from mission-critical systems — including legacy databases, mainframes, ERPs, and CRMs — and synchronise it to modern data lakes and cloud data warehouses without disrupting production operations. The platform supports multiple deployment modes including SaaS, bring-your-own-cloud, on-premise, and air-gapped environments, and holds SOC II Type 2 and ISO 27001 certifications. Popsink serves enterprise clients ranging from high-growth startups to Fortune 500 companies, including BlaBlaCar and AssoConnect.
Baku, Azerbaijan · Startup Portmanat is Azerbaijan's first domestically developed electronic wallet, launched by Mobile Payment Solutions LLC in 2012. It enables users to pay utilities, mobile operators, internet providers, and merchants via mobile number-linked wallet accounts, QR codes, and card terminals. Portmanat is a founding member of the Azerbaijan Fintech Association and has bank integration partnerships with Bank Respublika and others.
Bratislava, Slovakia · Startup Powerful Medical builds clinical-grade AI for cardiology. Its flagship product, PMcardio, can diagnose acute heart attacks by analyzing a photo of a 12-lead ECG, outperforming average human interpretation in critical scenarios. The system is FDA and MDR certified and is being rolled out in hospitals across Europe and the UK. By 2026, Powerful Medical is one of the region’s most credible medical AI companies with global regulatory traction.
London, United Kingdom · Startup Praktika.ai is an AI-native language learning platform focused on conversation-first fluency practice with realistic voice avatars. Founded in 2022, it helps users overcome speaking anxiety through real-time feedback on pronunciation and grammar, personalized lesson paths, and adaptive roleplay. The company has reported strong commercial traction and is backed by investors including Blossom Capital, Creator Ventures, and 500 Global.
Graz, Austria · Startup Predicting Health develops AI-based clinical risk prediction tools that analyze patient data to support early intervention and improve care quality. The company is a spin-off from the KAGes Data Science Team in Graz and operates in the same category as platforms like PIPRA.
Kyiv, Ukraine · Startup Preply is a Ukrainian-founded online tutoring marketplace that matches learners with one-on-one language tutors through a search-and-book flow, a subscription-based lesson plan, and an in-browser classroom that handles video, shared docs, homework, and scheduling. Founded in 2012 in Kyiv by Kirill Bigai, Dmytro Voloshyn, and Serge Lukyanov, Preply now serves millions of learners and tens of thousands of tutors across more than 180 countries, with particular strength in English, Spanish, French, German, and — increasingly — business-skills subjects beyond pure language. The company has raised over USD 120 million from investors including Owl Ventures, Hoxton Ventures, and Point Nine, and officially relocated its headquarters to Barcelona in 2023 while keeping significant engineering operations in Kyiv. Preply is a canonical example of Ukrainian B2C SaaS that became genuinely global and represents a rare European challenger to Cambly, italki, and other US-led language-tutoring marketplaces.
Budapest, Hungary · Startup Prezi is a Budapest-founded visual communication and presentation platform that introduced a non-linear, zoomable canvas as an alternative to traditional slide-based presentations. The company has expanded beyond its original presentation product into Prezi Video, which overlays visual content alongside a speaker's live video feed for more engaging virtual presentations and meetings. With over 100 million users globally, Prezi is one of Hungary's most recognized consumer technology brands and an early example of a Central European startup building a globally adopted SaaS product. The company has raised over $70 million and continues to innovate in the visual storytelling and remote communication space.
Pfaffenhofen an der Glonn, Germany · Startup Pricefx is a cloud-native pricing software company founded in 2011 by Marcin Cichon, Christian Tratz and Martin Wricke. Headquartered in Pfaffenhofen an der Glonn, Germany, with additional operations including Prague and Ostrava, its SaaS platform provides price optimisation and management and configure-price-quote capabilities for enterprises, and it has added AI features such as PricingAI and AI Agents. The company raised a $65 million Series C round in 2020 led by funds advised by Apax Digital, and reported continued growth and AI adoption through 2025.
Riga, Latvia · Startup Printful is a Riga-founded print-on-demand and fulfillment company that enables e-commerce entrepreneurs, creators, and brands to sell custom-designed products without holding inventory. The platform handles printing, warehousing, and shipping of apparel, accessories, and home goods through its own fulfillment centers in the US, Europe, and Mexico. Printful integrates with major e-commerce platforms including Shopify, Etsy, WooCommerce, and Amazon, and has fulfilled over 70 million items. With over 1,000 employees and revenues exceeding $200 million, Printful is Latvia's largest technology company and one of the Baltic region's most significant startup success stories, demonstrating that global-scale e-commerce infrastructure can be built from Riga.
Riga, Latvia · Startup Printify is a print-on-demand platform founded in Riga in 2015 that connects e-commerce merchants with a global network of third-party print providers. Merchants can design and sell custom products — apparel, accessories, home goods — without holding inventory. In 2021 the company raised $45 million, including from H&M Group. In late 2024 Printify merged with fellow Latvian unicorn Printful to form one of the world's largest print-on-demand groups.
Porto, Portugal · Startup Developer-first Dynamic Application Security Testing (DAST) and API vulnerability scanner. Founded 2016 in Portugal; raised EUR 7.7M Series A in 2022; acquired by Snyk in November 2024.
Prague, Czech Republic · Startup Productboard is a Prague-founded software company building one of the defining systems of record for modern product management. The platform helps teams collect customer feedback, connect it to feature requests, prioritize product decisions, and communicate roadmaps across engineering, sales, and leadership. That matters because product work often suffers from fragmented information spread across support systems, CRM notes, internal docs, and ad hoc spreadsheets. Productboard turns that sprawl into a more structured workflow for deciding what should be built and why. In the Central and Eastern European ecosystem, it is a particularly strong reference case because it proves that category-leading B2B SaaS products can emerge from Prague and scale globally while retaining a major engineering footprint in the region. It also occupies an important position in the software operating stack of growth companies, since fast-moving startups need better ways to align customer demand with product execution. As a result, Productboard is not only a Czech success story, but also a useful link between early-stage product discipline and later-stage organizational scale.
Poznan, Poland · Startup Profitroom is a Poznan-based hospitality technology company founded in 2008, providing booking engines, channel managers, CRM tools, and marketing automation for hotels and resorts. The platform helps properties drive direct bookings and reduce reliance on OTAs like Booking.com, serving over 3,500 hotels across Europe. Profitroom has raised funding from Enterprise Investors and expanded into DACH, Southern Europe, and the UK. The company is one of Poland's most established B2B SaaS exports in the travel technology sector and a growing competitor to Mews and SiteMinder in the European hotel-tech stack.
London, United Kingdom · Startup Prolific operates an online marketplace that connects organisations with vetted, fairly paid human participants for data collection, surveys, and AI work. Founded in 2014 at the University of Oxford by Phelim Bradley and Ekaterina Damer, it began as a tool for academic researchers needing reliable study participants and has since expanded into AI training and evaluation. Today it supplies human data for tasks like reinforcement learning from human feedback, model red-teaming, AI evaluation, and specialist annotation, serving both academic institutions and commercial AI customers. It is headquartered in London.
Kyiv, Ukraine · Startup Language-learning platform with an app, tutoring and conversation clubs covering 12+ languages, adding AI-powered speaking practice and pronunciation feedback. Founded in Kyiv; over 23M downloads.
Limerick, Ireland · Startup Develops AI radar-perception software (Software Defined Radar, 5D Perception) for automotive safety and autonomous driving, offering a LiDAR-free ADAS alternative plus off-road, smart-city and drone-detection uses. Founded 2019.
Warsaw, Poland · Startup Volleyball analytics platform for clubs, academies, scouts and agents. ProVolley delivers XY position tracking of every player during matches and training, with positional heatmaps and zone coverage, automatically generated match and training statistics (attack efficiency, blocks, serve accuracy), player development tracking over time, dynamic player profiles and auto-generated highlight reels. Built to support analytics teams at professional clubs and give smaller clubs pro-level stats without expanding staff. Currently in development / early access.
Munich, Germany · Startup Proxima Fusion is a deep-tech fusion energy company spun out from the Max Planck Institute for Plasma Physics in 2023. It is developing quasi-isodynamic stellarator systems designed for stable, commercial fusion power generation and is targeting a demonstrator pathway toward net-energy performance in the next decade.
Vilnius, Lithuania · Startup PVcase is a Lithuanian solar PV software company providing an end-to-end solar project development platform that covers site selection, PV system design and energy yield optimisation for utility-scale, commercial rooftop and data-center projects. Its software automates terrain-based solar engineering to reduce design errors and project risk. Headquartered in Vilnius with additional offices in Spain, the UK and the US, the company serves solar developers and engineering firms internationally, and acquired solar site-selection software company Anderson Optimization in 2023.
Zagreb, Croatia · Startup Pythagora is a Zagreb-founded developer-AI startup building an autonomous software engineer that goes beyond chat-style copilots: the user describes a product in plain English, and Pythagora's agent scaffolds the project, generates code iteratively, writes and runs tests, debugs itself against the test output, and keeps the human in the loop through structured checkpoints rather than single-prompt hallucinations. The team open-sourced an earlier version of the agent (GPT Pilot) which passed 40,000 stars on GitHub and became one of the most-starred AI coding projects in Europe, and they have since commercialized the tooling for teams that want reproducible full-app generation rather than line-by-line completion. Pythagora raised seed funding from Inovo Venture Partners among others, and is part of the CEE wave of AI-native developer-tools startups competing with Cursor, Devin, and Replit Agent from a Central European base.
Berlin, Germany · Startup Qdrant (pronounced "Quadrant") provides the memory layer for AI applications. As companies build AI agents in 2026, they quickly discover that large language models do not remember internal company data. Qdrant solves this by offering a high-performance vector database that stores embeddings for documents, images, and conversations and retrieves the most relevant context in milliseconds. That capability is the foundation of Retrieval-Augmented Generation (RAG) and agent workflows across enterprises.
Born as an open-source project in Berlin, Qdrant has become a default choice for teams building on modern AI stacks, especially in Rust and performance-critical environments. Its adoption accelerated because it can run anywhere—from embedded devices to large Kubernetes clusters—without locking users into a proprietary cloud. This flexibility, combined with strong performance and transparent licensing, has allowed Qdrant to surpass older competitors in developer mindshare and production deployments. By late 2025 it had raised a Series B and was widely described as a "soonicorn" within the AI infrastructure category.
The 2026 breakthrough is Qdrant's hybrid search engine. Pure vector search captures semantic similarity but can miss precise keyword matches that matter in enterprise contexts. Qdrant combines semantic retrieval with keyword filters and metadata constraints, enabling queries such as "find a part like this" while also honoring exact identifiers like "Part #404-X" or compliance tags. This hybrid approach is now table stakes for enterprise RAG, and it has made Qdrant the database of choice for large-scale deployments at organizations such as Discord, Mozilla, and Deloitte.
Qdrant Cloud is the company's managed service offering and is growing quickly as enterprises move from prototypes to production. It provides enterprise controls, observability, and multi-region deployments without sacrificing the portability that developers expect from the open-source core. Qdrant's ecosystem roots include Techstars Berlin and a strong open-source community, where the project has amassed tens of thousands of GitHub stars. Its investor base includes Spark Capital, Unusual Ventures, 42CAP, and IBB Ventures, giving it both global capital and local Berlin support. In 2026, Qdrant is the clearest European winner in vector databases: the infrastructure layer that lets AI systems remember and reason over real company data.
Paris, France · Startup Qonto is a Paris-based digital business bank founded in 2016 by Steve Anavi and Alexandre Prot to simplify financial management for SMEs and freelancers. The platform offers business accounts, corporate cards, expense management, bookkeeping integrations, and invoicing in a single interface. Qonto has raised over EUR 600 million from investors including Tiger Global, Valar Ventures, Tencent, and DST Global, reaching a valuation of EUR 5 billion. It serves over 500,000 business customers across France, Germany, Italy, and Spain, and acquired German competitor Penta in 2022. Qonto is Europe's largest digital finance platform purpose-built for small businesses.
London, United Kingdom · Startup Quantexa is a London-founded decision intelligence platform that uses graph analytics, AI, and entity resolution to connect siloed enterprise data for fraud detection, risk management, and customer intelligence. Founded in 2016 by Vishal Marria, the company has raised over $360 million including a $153 million Series E, reaching unicorn status. Quantexa serves major banks, insurers, government agencies, and telcos across 70+ countries and employs over 700 people. It is one of the UK's most significant enterprise AI scale-ups, demonstrating how contextual data linkage can transform decision-making at institutional scale.
Sofia, Bulgaria · Startup Quantive, formerly known as Gtmhub, is a Sofia-founded enterprise strategy execution platform built around the OKR (Objectives and Key Results) framework. The platform helps organizations align goals, track progress, and connect strategic planning to operational execution using AI-powered insights and integrations with business tools. After rebranding to Quantive and acquiring additional strategy software assets, the company expanded its vision beyond OKRs into a broader strategy management category. Quantive has raised over $100 million and serves enterprise customers globally, making it one of Bulgaria's most significant B2B SaaS exports.
Espoo, Finland · Startup QuantrolOx is a quantum computing software startup headquartered in Espoo, Finland, with additional offices in Oxford, Delft, and Bengaluru. The company develops Quantum EDGE, an automation platform that tunes and optimises superconducting quantum computers, reducing characterisation times from days to seconds and enabling a single expert to manage multiple quantum systems simultaneously. QuantrolOx is a sponsor of Finnish Quantum Days 2026.
Gilching, Germany · Startup Quantum Systems is a Gilching-based (near Munich) defense and commercial drone company founded in 2015 that designs and manufactures autonomous fixed-wing VTOL unmanned aerial systems. Its flagship Vector and Trinity platforms combine vertical takeoff with long-endurance fixed-wing flight for ISR (intelligence, surveillance, and reconnaissance) missions. The company gained significant attention during the Ukraine conflict, where its drones were deployed for battlefield reconnaissance. Quantum Systems has raised over EUR 60 million and is backed by investors including HV Capital and NATO Innovation Fund. It is one of Europe's most prominent dual-use drone manufacturers.
Frankfurt, Germany · Startup Frankfurt-based cyber threat intelligence company that delivers AI-analysed, contextualised threat reports ready to act on without a dedicated in-house team. Its platform Mercury and conversational AI analyst KARLA monitor digital threats, geopolitical risk, and supply-chain exposure for European mid-market organisations. Raised €7.3M Series A in April 2026.
Berlin, Germany · Startup Raisin is a Berlin-based fintech founded in 2012 that operates an open-banking savings and investment marketplace, letting retail customers across Europe and the United States access deposit products, ETFs and pensions from hundreds of partner banks through a single account. It merged with Deposit Solutions in 2021, trades as WeltSparen in Germany, and has intermediated tens of billions of euros in deposits.
Warsaw, Poland · Startup Ramp Network is a Warsaw-founded fintech that powers fiat-to-crypto on/off-ramps embedded inside hundreds of web3 apps, wallets, and exchanges. Founded in 2017 by Szymon Sypniewicz and Przemek Kowalczyk, the company has raised funding from Balderton Capital, NfX, Galaxy Digital, and angel investors including Taavet Hinrikus and Piotr Karwatka. Ramp serves users in over 150 countries and is one of Poland's most internationally visible crypto-infrastructure startups.
London, United Kingdom · Startup Rapyd is a London-headquartered fintech-as-a-service platform founded in 2016 by Arik Shtilman and Omer Priel, enabling businesses to accept global payments, send payouts, and embed financial services through a single API. The platform supports payment methods across 100+ countries and employs over 1,600 people globally. Rapyd reached a valuation of over $8.75 billion following a $300 million funding round in 2021 and is backed by Target Global, Stripe, General Catalyst, and Tiger Global. In 2025 Rapyd acquired PayU's Latin America and Africa payment operations.
Berlin, Germany · Startup Razor Group is a Berlin-based e-commerce aggregator that acquires and operates Amazon marketplace brands, using technology and operational expertise to scale product portfolios. The company has consolidated multiple competitors and built one of Europe's largest portfolios of marketplace-native consumer brands. Razor Group focuses on supply chain optimization, product development, and cross-border expansion to grow acquired brands.
Tallinn, Estonia · Startup Ready Player Me is an Estonian avatar-platform company that provides developer tools for creating cross-platform, cross-game 3D avatars usable across thousands of games and virtual worlds, giving users a single portable digital identity. The company evolved from physical 3D scanning booths into a software avatar SDK adopted by game studios and app developers. It raised a $56M Series B led by Andreessen Horowitz in 2022, and in December 2025 Ready Player Me was acquired by Netflix.
Riga, Latvia · Startup Rebookify is a Riga-based travel-automation platform that turns the price volatility of hotel inventory into recovered margin for travel agencies, TMCs, and OTAs. The system ingests a customer's refundable bookings, continuously rescans the same and equivalent room types across dozens of supplier APIs, detects when a cheaper identical alternative is available before the cancellation deadline, and either alerts the agent or auto-rebooks to capture the delta — all without disturbing the guest's reservation experience. In practice this is a meaningful margin lever: hotel rates move constantly, and even a few percent of recaptured spread across a large corporate travel book flows straight to agency bottom line. The product combines price tracking, room-equivalence matching, and workflow automation tuned to the actual operational realities of travel desks, and is a representative example of the practical B2B AI automation wave coming out of the Baltic startup scene.
Prague, Czech Republic · Startup AI-powered real-time recommendation and personalized search engine offered as a SaaS API; uses 100+ proprietary ML models and the ReQL query language, serving media, streaming, e-commerce and marketplaces.
Amsterdam, Netherlands · Startup Recruitee is an Amsterdam-based applicant tracking and recruitment collaboration platform, founded in 2015 and serving talent acquisition teams globally. The platform offers structured hiring workflows, branded career sites, and candidate pipeline management. In 2021 Recruitee and Finnish HR software firm Sympa joined forces under the Tellent group backed by PSG, with both products continuing to operate independently. The combined group serves over 4,000 customers across Europe and the USA.
Warsaw, Poland · Startup Cloud-based sustainability platform using machine learning to help businesses measure, analyse and plan carbon emissions reductions. Founded in 2022, it supports European companies in meeting ESG reporting requirements.
Kyiv, Ukraine · Startup Reface is a Kyiv-founded generative-AI company that built one of the first globally viral face-swap and deepfake consumer apps, and has since evolved into a broader synthetic-media content platform. The original Reface app lets users swap their face into short video clips, memes, and GIFs in seconds, and briefly became one of the most downloaded mobile apps in the world in 2020, holding top-5 app-store positions in dozens of countries. The team, built around a group of Ukrainian ML researchers led by Roman Mogylnyi, Dima Shvets, Oles Petriv, and others, turned that viral moment into a real company: Reface Labs now ships multiple consumer AI entertainment products, licenses its face-animation and identity-transfer tech into enterprise creative pipelines, and has contributed to industry initiatives on responsible deepfake disclosure. It is one of the best examples of Ukraine's consumer-AI export capability and a useful counterpoint in the synthetic-media conversation to enterprise tools like Respeecher.
Vienna, Austria · Startup refurbed is a Vienna-based online marketplace for refurbished electronics, household appliances, and sports equipment, founded in 2017 by Peter Windischhofer, Kilian Kaminski, and Jurgen Riedl. The platform connects certified refurbishers with consumers seeking sustainable, warranty-backed alternatives to new devices at savings of up to 40%. refurbed operates across 11 European markets including Germany, Austria, Italy, and Sweden, and has raised over EUR 55 million. By planting a tree for every product sold, the company emphasizes its sustainability mission and has become one of Austria's most visible circular-economy startups.
Helsinki, Finland · Startup RELEX Solutions delivers a unified AI-native platform for retail and consumer goods supply chain planning, covering demand forecasting, inventory replenishment, space & assortment planning, pricing, and workforce management. Founded in 2005 by three supply chain scientists from Helsinki University of Technology, the company has grown to over 2,400 employees in 21 countries and raised more than $816 million in total funding, reaching a $5.7 billion valuation. Its customers include major European and North American retailers and manufacturers.
Oslo, Norway · Startup reMarkable is a Norwegian technology company based in Oslo that develops digital paper tablets designed to replicate the feel of writing on paper while reducing digital distraction. It was founded in 2013 by Magnus Haug Wanberg, who conceived the idea while studying at Harvard after finding it hard to focus on a laptop. Its first device, the reMarkable 1, began shipping in 2017, followed by the reMarkable 2 (2020) and the Paper Pro (2024). The company sells e-paper writing devices alongside a Connect subscription service offering features such as cloud storage and handwriting conversion. By May 2022 reMarkable reported it had sold over 1 million devices and reached a $1 billion valuation.
Lisbon, Portugal · Startup Global employment platform offering Employer of Record (EOR), global payroll, contractor management and compliance across 100+ countries on owned infrastructure. Founded 2019 in Lisbon; a Portuguese unicorn.
Yerevan, Armenia · Startup Renderforest is an all-in-one branding platform founded in Yerevan, enabling users to create videos, logos, websites, and graphic designs without prior design skills. The platform serves over 20 million users globally, including large companies such as Vodafone, Sony Music, and GE. Founded by Narek Safaryan, the company has kept its headquarters and engineering operations fully in Armenia.
Brussels, Belgium · Startup Belgian AI marketplace that matches homeowners with verified renovation and construction companies across Belgium. Its AI engine analyses project requirements, cross-references contractor track records, and surfaces ranked shortlists within minutes. All partner companies undergo tax and solvency verification. Invited to VivaTech 2026.
Augsburg, Germany · Startup Reonic is a German climate tech company that builds planning and workflow software for renewable energy installers, helping them work more efficiently. Its AI-powered platform covers the full customer journey for installations of solar PV systems, heat pumps, energy storage and EV charging, integrating CRM, system design, proposal generation and a mobile field app. The company was founded in Augsburg, Bavaria, and has expanded with additional offices. In September 2024 Reonic raised 13 million euro in Series A funding led by Northzone, with participation from Point Nine and Puzzle Ventures.
Warsaw, Poland · Startup Warsaw-based AI decision engine for retail that converts customer behavioural signals into real-time, individualised actions—adjusting recommendations, promotions, and inventory allocation to match intent at the point of decision. Serves 30+ enterprise retailers globally. Raised €2.1M pre-seed co-led by Movens Capital and Vastpoint.
Nuutajärvi, Finland · Startup Offers a Sand-as-a-Service model using patented modular sand reclaimers to regenerate and recycle foundry sand on-site, enabling near-100% reuse. Expanded its Norion Bank facility to €25M following new contracts in Germany and Slovenia.
Prague, Czech Republic · Startup Resistant AI focuses on AI-driven fraud detection for financial services, specifically identifying manipulated documents used in KYC and onboarding. Its models detect fake paystubs, doctored IDs, and synthetic documents that bypass traditional checks. As digital fraud grows more sophisticated, Resistant AI has become a critical partner for fintechs and banks. By 2026, it is a leading Czech player in the FinTech security category.
Kyiv, Ukraine · Startup Overview: Respeecher is a cutting-edge AI voice synthesis startup that enables one person's voice to be transformed into the voice of another specific person, with uncanny realism. In other words, it's known for its voice cloning technology. Respeecher's system takes in an actor or user's speech and outputs audio that sounds like a target voice - be it a famous actor, a historical figure, or anyone for whom it has trained a model. This technology has huge applications in entertainment: filmmakers can revive voices of actors from years past, game developers can have characters speak in iconic voices, and creators can produce content where, say, a celebrity appears to narrate (with permission). What makes Respeecher stand out is the high fidelity of the cloned voices - they are nearly indistinguishable from the real person, capturing emotion and intonation accurately. Respeecher provides its tech via a software interface; typically, a voice model is trained on recordings of the target voice, and then a voice actor provides performance which is converted. Importantly, Respeecher emphasizes ethical use: it requires consent from the voice owners and has gained a reputation for an "ethics-first" approach in the emerging synthetic media field. Founding Story (2018): Respeecher was founded in February 2018 in Kyiv, Ukraine by Alex Serdiuk, Dmytro Bielievtsov, and Grant Reaber. Serdiuk and Bielievtsov are Ukrainian, and Reaber is an American speech technologist - the trio met through mutual research interests in speech processing. They realized that recent advances in deep learning could make high-quality voice conversion possible, and they set out to create a system far beyond the rudimentary voice changers of the past. In 2018-2019, they went through the Comcast NBCUniversal LIFT Labs Accelerator (powered by Techstars) in the US, which gave them industry connections. Early on, Respeecher got a lucky break: it was approached to work on a high-profile but secret project - which turned out to be Lucasfilm's The Mandalorian (Season 2 finale in 2020). The task was to recreate the voice of a young Luke Skywalker as he would have sounded in the 1980s, using Mark Hamill's old recordings. Respeecher delivered successfully, astonishing Hollywood sound engineers. This successful debut put Respeecher on the map in the film industry. In subsequent months, they also worked on a Super Bowl commercial voicing Vince Lombardi (AI-cloned from archival audio). The Ukrainian team, working under NDA, built these groundbreaking demos which then led to word-of-mouth referrals in Hollywood. Product and Use Cases: Respeecher's core product is delivered as a service to content creators. A client provides audio of the target voice (e.g., recordings of a person) and Respeecher trains a custom voice model. Then the client (often a voice actor or the person themselves) provides the new dialogue, which Respeecher's system converts into the target's voice. One notable use case was the documentary short film "In Event of Moon Disaster" - Respeecher recreated President Nixon's voice to simulate him reading a speech that was written in case Apollo 11 failed, and this project won an Emmy Award in 2021 for Outstanding Interactive Media (Respeecher's team was credited for the voice work). Another big use case: Darth Vader's voice in 2022's Obi-Wan Kenobi series - James Earl Jones, aged 91, could no longer perform with the same power, so Lucasfilm used Respeecher to generate Vader's lines using Jones' archival voice data. This was done with Jones's consent (he effectively authorized the AI recreation of his iconic voice). The result was so good that audiences thought Jones had recorded the lines himself. Outside of film/TV, Respeecher has been used in video games (e.g., to recreate voices of deceased voice actors so characters can return), and in music - in 2022, it enabled artist Aloe Blacc to perform a song where his voice was converted to sound like the late Avicii's voice, as a tribute. Researchers and archivists have also shown interest in using it to restore voices for people who lost theirs (like throat cancer patients), although that's still experimental. Traction and Achievements: Though a B2B company, Respeecher gained public fame because of the high-profile nature of its projects. By 2022, virtually every Star Wars fan and many industry professionals had heard of Respeecher due to media coverage of its involvement in resurrecting Luke Skywalker's youthful voice and Darth Vader's classic tones. The company has a relatively small number of clients (dozens of studios, game companies, etc.), but each project is high value. Its technology earned it an Engineering Emmy Award in 2021, and it won TechCrunch's Startup Battlefield (audience choice) at CES in 2020. In terms of funding, Respeecher raised about $1.5M in early 2020 (around the Techstars time), and as of 2021 it had raised over $3M in total from investors including Techstars, ff Venture Capital, and Acrobator Ventures. The team remained fairly lean (under 50 people) but comprised specialized AI researchers and sound engineers. Financially, Respeecher's revenue grew with each Hollywood contract; while not public, one can infer that by 2022 it was profitable or close, given the repeat work from Disney/Lucasfilm and others. One of Respeecher's achievements is also on the ethical front: in 2023 it was one of ten companies (alongside OpenAI and TikTok) to sign the Partnership on AI's framework for responsible media, committing to practices like obtaining consent, watermarking AI content, etc. This proactive stance has made them a trusted partner in an area often seen with suspicion (deepfakes). The war in Ukraine did pose a challenge - much of Respeecher's team was Kyiv-based, and during the Russian invasion in Feb 2022, the team amazingly continued working (the Obi-Wan Kenobi Vader voice project was completed in the spring of 2022 while Kyiv was under threat). This dedication further earned them respect in the industry. Key Partnerships: Respeecher's notable partnerships are with major studios like Disney/Lucasfilm, and with game studios such as CD Projekt Red (who used Respeecher in 2023 to voice a character in Cyberpunk 2077 in Polish, whose original actor had passed away). It also collaborated with the creative team of the documentary "Val" to recreate actor Val Kilmer's voice, which he lost due to cancer (Kilmer and his son provided the training data). Each successful partnership validates the tech and leads to more clients. On the academic side, Respeecher worked with medical research to explore giving people who lost their voice (e.g., ALS patients) a chance to speak in their own reconstructed voice - a heartwarming application of the tech. Future Outlook: Respeecher sits at the forefront of AI in media. The demand for voice cloning is likely to increase - whether to dubbing movies in a star's own voice across languages, bringing historical figures' voices to life for museums, or personal uses (with permission, someone might license their voice). The company's focus will be to maintain quality leadership as big players (like Microsoft or Google) also invest in voice AI. Respeecher's Ukrainian origin is a source of pride: it shows that despite adversity, Ukrainian tech can lead globally in innovation. The founders have expressed interest in eventually developing real-time voice conversion (currently it's not instant, it takes some processing time) and making the tech more accessible perhaps in creator tools. But they tread carefully to avoid misuse. In summary, Respeecher is a Ukrainian deep-tech startup that achieved what was once sci-fi - lending voices across time and space - and has done so responsibly. By powering some of Hollywood's most iconic moments with AI, it has cemented itself as a trailblazer in synthetic audio. As long as movies and games want to push creative boundaries, Respeecher's technology will likely be in the credits, helping the impossible become possible in voice. Sources: en.wikipedia.org, failory.com, techcrunch.com, youtube.com.
Kyiv, Ukraine · Startup Restream is a Ukrainian-founded live-streaming platform that lets creators, brands, and event organizers broadcast a single video feed simultaneously to more than thirty destinations — YouTube, Twitch, Facebook Live, LinkedIn Live, X, and dozens of others — while managing a unified chat, analytics, and recording layer across all of them. Founded in 2015 by Alexander Khuda and Andrii Surzhynskyi, the product removed one of the most painful operational blockers for independent broadcasters (having to pick a single platform at the expense of every other audience) and became a go-to tool for podcasters, gamers, educators, and B2B marketers running webinars at scale. Restream raised venture funding from Insight Partners and others, and relocated its commercial operations to Texas while keeping engineering in Kyiv. It is one of the most globally adopted pieces of creator-economy infrastructure to come out of Ukraine.
Warsaw, Poland · Startup Revoize, founded in 2023 and headquartered in Warsaw, develops real-time speech-to-speech AI infrastructure for programmable human voice. It is building an end-to-end transformer model that runs locally on devices to enable translation, accent transformation and audio-quality enhancement without cloud processing. Its low-latency, on-device approach targets use cases from real-time translation to accent normalisation for call centres and studio-grade voice reconstruction.
Vilnius, Lithuania · Startup HealthTech company offering a CE-certified at-home finger-prick blood collection kit and digital platform; samples ship to partner labs and users get lab-grade results for 30+ tests within 24 hours.
Paris, France · Startup Gives second life to used lithium-ion EV and industrial batteries, remanufacturing them into affordable residential solar energy storage systems that let households self-consume up to 90% of their solar production.
London, United Kingdom · Startup Revolut is a British fintech company offering a “super-app” for digital banking and financial services. Launched in 2015 by founders Nik Storonsky (a former Credit Suisse trader from Russia) and Vlad Yatsenko (Ukrainian developer), Revolut began as a multicurrency travel card allowing users to spend and transfer money globally with minimal fees. It quickly evolved into a full-featured neobank. As of 2025, Revolut operates in 48+ countries and has 65 million customers worldwide, making it one of the fastest-growing fintechs ever. The app provides a suite of services: GBP and EUR bank accounts, debit cards, currency exchange for 30+ currencies at interbank rates, stock and crypto trading, person-to-person payments, bill splitting, and more. Revolut’s growth has been astonishing – it surpassed £3.1 billion in annual revenue in 2024 with £1.1 billion operating profit. The company has raised over $1.7 billion from investors like SoftBank, Tiger Global, and TCV, reaching a private valuation of $33 billion in 2021. In late 2025, a secondary share sale reportedly valued Revolut at $75 billion, vaulting it among the world’s most valuable fintechs. Revolut’s journey has not been without challenges: it faced regulatory hurdles (e.g. its UK banking license was long-delayed), compliance scrutiny, and had to strengthen its governance as it scaled. Nonetheless, the company achieved profitability in 2021 and has continued to grow its user base across Europe, North America, and Asia. Revolut’s mission is to become a “global financial super-app”, consolidating banking, investing, insurance, and payments in one place. It has introduced products like “Revolut Junior” accounts for kids, pay-later services, and expanded into credit in select markets. With over 10,000 employees worldwide, Revolut is now a regulated bank in the EU and other jurisdictions. Its story from scrappy travel card startup to a $75B-valued fintech giant with 65 million users epitomizes Europe’s fintech rise and the potential of challenger banks to rewrite banking norms.
Warsaw, Poland · Startup Cybersecurity startup launched in 2022 offering a European-focused cyber threat intelligence platform. It monitors darknet, deep web, and messaging channels for leaks and compromised credentials and helps teams detect phishing domains before campaigns go live.
Paris, France · Startup Vulnerability-management platform built by the founders of the Paris pentest firm Mobeta. It ingests penetration-test reports from any provider and turns them into dynamic dashboards with automated re-verification scripts that confirm remediation without manual counter-audits. Available as SaaS or on-premise, compliant with NIS2, DORA and ISO 27001, hosted in France on Scaleway.
Zagreb, Croatia · Startup Rimac Technology is the engineering and technology arm of Rimac Group, building high-performance electric drivetrain components, battery systems, and vehicle technology for major automotive OEMs worldwide. Founded in 2009 by Mate Rimac in a garage near Zagreb, the company has grown into a global leader in EV hypercar engineering (Rimac Nevera) and supplies technology to Porsche, Hyundai, Koenigsegg, and others. Rimac also took majority ownership of Bugatti through a joint venture with Porsche. With its new campus on the outskirts of Zagreb employing over 2,000 people, Rimac is Croatia's most valuable technology company and one of Europe's most impressive deep-tech success stories.
Paris, France · Startup Paris-based cybersecurity startup that trains employees to recognise phishing and social-engineering threats through automated, personalised awareness campaigns and simulated phishing exercises delivered inside existing work tools. Serves over 1,000 companies across Europe and the US.
Paris, France · Startup Develops grain-of-rice-sized microrobots designed to navigate inside the human brain to deliver therapeutic molecules, implant electrodes or collect cellular data, aiming to make neurosurgery safer and more precise for conditions including glioblastoma.
Graz, Austria · Startup RobotDreams is a Graz-based healthtech startup founded in 2022 that develops AI diagnostics software analyzing blood biomarker data to accelerate detection of acute conditions such as acute coronary syndrome. The platform aims to reduce diagnostic turnaround times in emergency departments by applying machine learning to in-vitro diagnostics results, helping clinicians make faster triage decisions. RobotDreams competes in the growing AI-enabled clinical diagnostics space and targets hospitals, laboratories, and emergency-care providers across Europe.
Ghent, Belgium · Startup Robovision provides Industrial Vision Intelligence Infrastructure — a no-code platform that governs AI vision systems at scale across food & beverage, packaging, semiconductor and horticulture manufacturing. Rather than building one-off vision models, customers deploy Robovision to monitor, adapt and standardise all vision inspection points across multi-site operations as production conditions change. Founded in 2013 in Ghent by Jonathan Berte and Tim Waegeman, the company raised $42 M in Series A funding in 2024 led by Target Global, Astanor Ventures and Red River West, bringing total funding to $65 M. Robovision employs 130+ people and is expanding in the US and Europe.
Rijswijk, Netherlands · Startup Rijswijk-based robotics startup that automates EV charging for commercial fleets with a soft robotic arm guided by AI computer vision. Its M1 system serves up to ten robotaxi bays from a single overhead unit, eliminating the need for human cable connection in depot and industrial port operations. Raised $56M total, latest $13M from Capricorn Partners.
Prague, Czech Republic · Startup Rohlik Group is the Czech Republic's flagship ecommerce and logistics scale-up, often compared to Ocado for its vertically integrated model. The company dominates online grocery across Central Europe and operates the Knuspr brand in Germany and Austria, pairing premium assortment with fast delivery windows. By 2026, Rohlik is heavily automating fulfillment to push down unit economics while expanding warehouse capacity across CEE. Its influence is outsized locally, acting as a talent magnet and a repeat-founder factory for the Prague ecosystem.
Prague, Czech Republic · Startup Rossum specializes in intelligent document processing, moving beyond basic OCR to cognitive data capture. Its AI reads invoices, shipping manifests, and other structured documents with human-like accuracy, automating workflows for logistics, manufacturing, and finance. The company is scaling rapidly in the US market and positioning itself as the backbone for enterprise document automation. By 2026, Rossum is one of the Czech ecosystem's most credible soonicorns.
London, United Kingdom · Startup Runware is an AI inference infrastructure company offering unified developer access to AI models for image generation, video generation, and audio synthesis through a single API endpoint. It aggregates hundreds of model classes and many model variants, letting developers switch between models with minimal friction. Its core technology is the proprietary Sonic Inference Engine, a custom-built hardware-and-software stack optimised for AI inference across different hardware and cloud providers. Runware evolved from an earlier consumer image tool called PicFinder and operates from offices in London and San Francisco.
Luxembourg City, Luxembourg · Startup SaaS Group is a Luxembourg-based acquirer and operator of bootstrapped B2B SaaS businesses, founded with the goal of providing founder-friendly exits for software companies between $1 million and $10 million in ARR. The group currently operates 18 portfolio companies spanning online marketing, productivity, and developer tools, with combined annual recurring revenue exceeding $60 million and teams spread across 33 countries. It distinguishes itself by preserving the autonomy and culture of acquired companies while providing shared functions in marketing, finance, and HR.
Belgrade, Serbia · Startup Saga is an AI-powered collaborative workspace for notes, docs, and tasks, designed to help teams organise knowledge in one connected interface. Founded in 2021 by Filip Stanev with Serbian roots, Saga automatically interlinks knowledge across workspaces, integrates with tools such as Google Drive and Linear, and includes a built-in AI assistant powered by the latest large language models. The platform offers real-time collaboration, Kanban task views, and public sharing. With over 40,000 users in its beta phase and hundreds of teams relying on it weekly, Saga raised $850,000 in a pre-seed round in early 2023 and competes with Notion and Obsidian in the knowledge-management space.
Hafnarfjörður, Iceland · Startup SagaNatura is a Hafnarfjörður-based Icelandic biotech company producing premium natural ingredients from Iceland's pristine environment, including high-purity natural astaxanthin from microalgae and wild-grown organic Angelica Archangelica. The company traces its roots to SagaMedica (founded 2000) and KeyNatura (founded 2014), which merged to form the current entity. SagaNatura supplies nutraceutical ingredients to markets in North America and Asia-Pacific, and operates a consumer brand, KeyNatura, sold direct-to-consumer and through distributors worldwide. The company was tracking EUR 23 million in annual sales by 2025 and had been eyeing a potential IPO.
Kraków, Poland · Startup SALESmanago is a Kraków-based marketing-automation platform serving mid-market e-commerce companies across Europe. Founded by Grzegorz Błażewicz in 2011, the company offers customer data, segmentation, omnichannel campaign execution, and AI-driven personalization. SILVER LAKE Waterman acquired a majority stake in 2022, valuing the company at hundreds of millions of euros, after which Błażewicz continued investing through Borubar Ventures.
Škofja Loka, Slovenia · Startup SaleSqueze is a Visual CPQ (Configure, Price, Quote) SaaS platform founded in 2018 and headquartered in Škofja Loka. It enables manufacturers and sellers of complex, configurable products — including modular homes, agricultural equipment, RVs, and medical devices — to build interactive product configurators and automate the lead-to-order process without coding. In June 2024 the company raised €1.4 million in a seed round led by Underline Ventures, with participation from Robin Capital and Fortech Investments. It was the largest disclosed funding round in Slovenia in H1 2024.
Tallinn, Estonia · Startup Salv is an Estonian anti-financial-crime (RegTech) company building a compliance SaaS platform for banks, fintechs and payment providers. Its products cover AML transaction monitoring, sanctions and transaction screening, customer risk scoring and fraud detection. Salv also operates Salv Bridge, a cross-border real-time platform that lets financial institutions collaboratively share intelligence to fight crime. The founding team previously worked together on AML, KYC and fraud systems at TransferWise (Wise) and Skype.
Gdynia, Poland · Startup Samurai Labs is a Gdynia-based AI safety company building neural-symbolic systems that detect and de-escalate online abuse, harassment, and predatory behavior in real time. Its technology is licensed by gaming companies, social platforms, and child-safety partners. Backed by angel investors including Dawid Urban and footballer Robert Lewandowski (via RL9 Investments).
Stockholm, Sweden · Startup Sana (Sana Labs) is a Stockholm-based AI company founded in 2016 that builds an enterprise platform combining AI agents, enterprise search and learning tools. Its products include Sana, for AI agents and enterprise search, and Sana Learn, a learning and content-creation platform used by organisations to access knowledge, automate work and learn with agentic AI. Backed by investors including NEA, Menlo Ventures and EQT Ventures, the company reached over $130M in total funding before Workday announced a definitive agreement to acquire it for approximately $1.1 billion in September 2025.
Milan, Italy · Startup Satispay is an Italian mobile payment network headquartered in Milan, founded in 2013 by Alberto Dalmasso (CEO), Dario Brignone (CTO) and Samuele Pinta (CFO). Authorised by the Bank of Italy as an e-money institution, it operates an independent payment circuit that bypasses Visa, Mastercard and traditional card rails: users link a bank account via IBAN, hold a virtual wallet and pay merchants in-store, online or peer-to-peer through SEPA mandates at low fixed fees, making it especially attractive for small-ticket transactions.
With over 6.5 million users and 450,000 merchant partners as of mid-2026, Satispay is Italy's dominant independent payment network, expanding into France, Luxembourg and Germany and into corporate welfare, buy-now-pay-later and investment products. It has raised over €500M; the 2022 Series D of €320M led by Addition (with Greyhound Capital, Coatue, Lightrock, Block and Tencent) made it Italy's second unicorn, and in June 2026 it announced plans for a further round of up to €120M.
Milan, Italy · Startup Scalapay is Italy's leading Buy Now Pay Later fintech, enabling shoppers to split purchases into three interest-free installments both online and in-store. Founded in 2019 by Simone Mancini and Raffaele Terrone, the Milan-based company operates across nine European countries and partners with over 1,500 merchants, reporting a 48% increase in average basket size for retailers. Backed by Tiger Global, Tencent, and Poste Italiane with $783 million raised in total including a $497 million Series B in 2022, Scalapay reached unicorn status and received €70 million in EIB debt financing — the EU bank's first direct financing to an Italian scale-up.
Paris, France · Startup Scaleway is a European cloud provider and subsidiary of the Iliad Group, offering a full stack of cloud infrastructure including bare-metal servers, Kubernetes, object storage, managed databases, and GPU instances for AI workloads. Founded by Xavier Niel's Iliad, Scaleway positions itself as a sovereign European alternative to US hyperscalers, with data centers in Paris, Amsterdam, and Warsaw. The company is increasingly important for European organizations seeking GDPR-compliant cloud hosting.
Strasbourg, France · Startup Scalingo is a French Platform-as-a-Service startup founded in 2014 in Strasbourg, offering a developer-friendly cloud deployment platform for web applications and APIs with a focus on European data sovereignty. The platform provides one-click deployments, auto-scaling, and managed databases, serving startups and enterprises seeking reliable European cloud hosting. Scalingo participates as a Silver sponsor at Sunny Tech 2026.
Zurich, Switzerland · Startup Scandit is a Zurich-based enterprise software company founded in 2009 by Samuel Mueller and Christian Floerkemeier as an ETH Zurich spin-out. The company built a computer vision and AI data capture platform that enables enterprises to scan barcodes, QR codes, text, and ID documents using standard smartphone cameras, eliminating the need for dedicated hardware scanners. Scandit's SDK is embedded in apps used by logistics companies, retailers, healthcare providers, and manufacturers to power item scanning for picking, inventory management, and patient safety workflows. The company has raised over $150M from investors including Atomico, G2VP, and Swisscom Ventures, and its technology runs in production at DHL, Sephora, the NHS, and hundreds of other enterprise customers. Scandit operates globally from Zurich with offices in London, Boston, and Tokyo, and is one of Switzerland's most prominent B2B enterprise software scale-ups.
Bergen, Norway · Startup ScanReach is a Bergen-based maritime IoT company founded in 2015 that provides wireless connectivity inside vessels and offshore installations. Its platform overcomes the challenge of wireless data transmission through complex steel environments, enabling real-time Personnel On-Board tracking for search and rescue, plus asset monitoring, fuel consumption analytics and equipment health data. The company raised NOK 40 million from Norwegian investor Sigurd Steen Aase and secured NOK 18.5 million from Innovation Norway for development milestones. ScanReach partnered with NAVTOR in 2024 to integrate onboard IoT data into the NavFleet ship operations platform.
London, United Kingdom · Startup London-based AI workflow platform transforming industrial inspection for the testing, inspection, and certification (TIC) sector. AI agents help field inspectors capture data through voice, video, and structured workflows, unlocking 50% more inspector capacity. Raised €17.2M Series A led by Index Ventures.
Luxembourg City, Luxembourg · Startup A Luxembourg-based RegTech company founded in 2015 by Pierre Gerard and Laurent Kratz, specialising in blockchain analytics and AML/CFT compliance for digital assets. Its platform monitors transactions across 21+ blockchains and serves over 200 clients in more than 40 countries, including exchanges, custodians, banks, and regulators. Clients include PwC and Swisscom, and the company raised a pre-Series A round backed by Tioga Capital and CV VC.
Bratislava, Slovakia · Startup Seak Energy develops smart infrastructure systems that control street lighting and EV chargers over existing power lines, avoiding costly new cabling. This retrofitting approach allows cities to digitize “dumb” infrastructure quickly and affordably. By 2026, Seak Energy is expanding across municipalities seeking low-cost modernization of public assets.
Kraków, Poland · Startup Secfense was founded in 2018 in Kraków by Tomasz Kowalski and Marcin Szary. The company develops a User Access Security Broker that lets enterprises deploy multi-factor authentication and passwordless login across existing applications without modifying their code. It raised early backing from Bitspiration Booster followed by a $2M round in 2022 led by Tera Ventures, Presto Ventures, and RKKVC, and counts enterprise clients such as BNP Paribas Bank Polska.
Madrid, Spain · Startup Seedtag is a contextual advertising platform that uses proprietary AI to analyse page content and match ads to reader interest without cookies or personal data. Operating across Europe, Latin America and the US, it lets brands engage audiences in a privacy-first way at scale.
Versailles, France · Startup Built a wearable AI-powered haptic navigation device for blind and visually impaired people: glasses-mounted cameras capture the environment, AI processes the scene and a lumbar belt of 256 solenoids produces tactile impulses mapping the surroundings. Winner of the 2024 Lépine Prize.
London, United Kingdom · Startup Clinical platform and EHR for outpatient and private healthcare providers, connecting scheduling, billing, telehealth and patient records in one system. Serves 1,700 customers including Nuffield Health; 10M+ UK patients have been seen by a clinician using it.
Espoo, Finland · Startup SemiQon is a Finnish quantum computing hardware startup pioneering silicon-based quantum processors. The company develops silicon quantum dot devices (SemiQit), cryo-CMOS transistors optimised for cryogenic environments, and quantum integrated circuit chips, with the stated goal of making quantum computers more affordable, scalable, and sustainable through standard silicon manufacturing techniques. SemiQon is a sponsor of Finnish Quantum Days 2026 and has partnered with the European Space Agency on space technology applications.
Warsaw, Poland · Startup Semirobotics is a Warsaw-based medtech robotics startup that developed FIDI, an assistive feeding robot designed for people with upper-limb disabilities who cannot eat independently. The system combines 3D vision, AI-based motion planning, and adaptive utensils to align with the user's posture, pace, and food preferences, restoring dignity and autonomy during meals. Semirobotics targets hospitals, care homes, and individual users, addressing a significant unmet need in assistive technology. The company is part of Poland's emerging robotics and medtech scene and has received EU innovation funding.
Berlin, Germany · Startup sennder is a Berlin-based digital freight forwarder founded in 2015 that uses technology to connect shippers with trucking carriers across Europe. The platform digitizes the traditionally fragmented and paper-heavy European trucking market, using algorithms to match loads with available capacity, optimize routes, and provide real-time shipment tracking. sennder acquired Uber Freight's European operations in 2021 and has raised over $300 million in funding. The company works with major shippers and connects to a network of tens of thousands of trucking companies, making it one of Europe's largest digital freight platforms.
Castelo Branco, Portugal · Startup Sensei is a Portuguese startup that builds autonomous, checkout-free retail stores using computer vision and artificial intelligence. Its proprietary platform combines cameras, sensors and AI algorithms to automate both new and existing stores, letting customers shop without queues or manual scanning while their cart updates automatically for a ready-to-pay checkout. Founded in 2017, the company is headquartered in Castelo Branco, Portugal, with additional offices in Lisbon, São Paulo and Milan, and works with partners including Hewlett Packard Enterprise and Mastercard. In October 2024 Sensei raised a €15 million Series A round to expand its autonomous retail technology.
Ghent, Belgium · Startup Builds real-time plant intelligence hardware for professional greenhouse growers. Its Sensie Omni device combines direct plant feedback with root-zone and micro-climate data to optimise irrigation, ventilation and climate strategy.
Bratislava, Slovakia · Startup Sensoneo provides enterprise-grade smart waste management systems that digitize collection workflows for cities and waste operators. Using ultrasonic sensors in bins and route-optimization software, it helps cities like Madrid and Prague reduce costs and emissions. The company is expanding into deposit return systems (DRS) software and broader circular-economy infrastructure. By 2026, Sensoneo is a recognized European leader in smart waste.
Budapest, Hungary · Startup SEON is a Budapest-founded fraud prevention platform that helps online businesses detect and block fraudulent transactions, account takeovers, and synthetic identities using real-time digital footprint analysis and machine learning. The platform enriches transaction data with social media signals, device intelligence, and behavioral patterns to score risk without adding friction to legitimate users. SEON has raised over $100 million and serves customers across fintech, e-commerce, iGaming, and digital banking. It is one of Hungary's most prominent cybersecurity startups and demonstrates the country's strength in building globally competitive fraud and risk management technology.
Warsaw, Poland · Startup SERio is a Warsaw-based foodtech startup producing plant-based cheese alternatives made from Polish lupin beans, a locally abundant and sustainable protein source. The products are engineered for high protein content and strong melt performance, targeting mainstream consumers seeking dairy-free options that do not compromise on taste or cooking functionality. SERio differentiates from soy and cashew-based competitors by using a regionally sourced ingredient with a lower environmental footprint. The company is part of Poland's growing alternative protein ecosystem and sells through retail and food-service channels.
Yerevan, Armenia · Startup ServiceTitan is a vertical SaaS platform for the trades industry, managing scheduling, dispatch, invoicing, marketing, and customer communications for home and commercial service businesses such as HVAC, plumbing, and electrical contractors. Co-founded by Armenian-Americans Ara Mahdessian and Vahe Kuzoyan, the company went public on the Nasdaq in 2024 and maintains significant R&D operations in Yerevan. With a valuation exceeding $9 billion, ServiceTitan is one of the highest-valued companies with Armenian engineering roots and a powerful signal of the country's capacity to produce enterprise-grade software talent.
Brno, Czech Republic · Startup Sewio is a Brno-based company specializing in ultra-wideband (UWB) real-time location systems (RTLS) for indoor tracking of assets, vehicles, and people in industrial environments. Its platform delivers centimeter-level positioning accuracy inside warehouses, factories, and logistics centers where GPS signals cannot reach. Sewio's technology is used for workflow optimization, safety zone enforcement, and forklift fleet management by manufacturers and logistics operators worldwide. The company is a recognized leader in the European RTLS market and was acquired by Siemens subsidiary Enlighted in 2022.
Budapest, Hungary · Startup Shapr3D is a Budapest-based developer of 3D computer-aided design (CAD) software, founded by István Csanády. The product began as an iPad-first 3D modeling app and pioneered professional CAD on the iPad Pro, later expanding to run natively on Windows, macOS, iPad and Apple Vision Pro. The software is built on the Siemens Parasolid geometric modeling kernel and offers sketching with constraints, 3D modeling, 2D drawings, physically based rendering, augmented reality and collaborative review features. It serves industrial design, product design, manufacturing, 3D printing and woodworking users, positioning itself as CAD simple enough for beginners yet powerful enough for engineers.
Paris, France · Startup Shotgun is a live-events platform and ticketing solution focused on nightlife and electronic music. It provides software for venues, collectives, festivals, labels and artists to organise events, sell and manage tickets, and engage their communities, while serving as a discovery marketplace where attendees find events and buy or resell tickets. The company emerged from the Parisian underground electronic music scene and has expanded internationally, with offices beyond Paris including Marseille, Lisbon, São Paulo, New York and Miami.
Ghent, Belgium · Startup Showpad is a revenue effectiveness and sales enablement platform combining AI-powered content management, readiness training, buyer engagement tools and field analytics in a single system. Founded in 2011 in Ghent by Pieterjan Bouten, Louis Jonckheere and Peter Minne, it raised $180 M over seven rounds and grew to over 2,000 enterprise customers across 50 countries. In October 2025 Vector Capital completed its acquisition of Showpad and merged it with Bigtincan to create a unified AI-native revenue effectiveness platform, with the combined entity retaining the Showpad brand. The Ghent base and global team of 500+ remain active, with a 2026 Spring Release delivered in April 2026.
Warsaw, Poland · Startup Showroom.pl is a Warsaw-based online fashion marketplace that aggregates independent designers and boutique brands from across Poland, offering curated multibrand discovery for younger consumers. Co-founded by Jan Stasz, the company became one of Poland's best-known fashion-tech successes of the 2010s and is a frequent reference point in the Polish e-commerce ecosystem.
Reykjavik, Iceland · Startup Sidekick Health is a Reykjavik- and Boston-based digital therapeutics company that builds disease-specific care programs delivered through a mobile app, combining behavior-change design, gamification, AI-driven personalization, and clinician oversight to help patients manage chronic conditions such as type 2 diabetes, obesity, cardiovascular risk, and certain cancers. Its programs are sold primarily to pharma companies, payers, and health systems that wrap them around drug therapy or chronic-care pathways, and the company has signed deals with several top-20 pharmaceutical manufacturers to run companion digital programs in multiple therapeutic areas. Founded by two Icelandic physicians, Sidekick is one of the most internationally visible examples of Icelandic health-tech, and together with Kerecis it shows that the country's life-sciences output extends from physical regenerative materials into software-as-medicine.
London, United Kingdom · Startup AI-powered external intelligence platform that ingests media, social, broadcast and regulatory data across 226 markets and 75+ languages to deliver enterprise risk, reputation and ESG insights. Founded in London, 2013.
Warsaw, Poland · Startup Silent Eight builds AI-powered financial-crime compliance software for global banks. Its Iris platform automates AML alert investigation, sanctions screening, transaction monitoring and adverse-media detection, replicating analyst judgement at scale; clients include HSBC and Standard Chartered. Founded by Poles with its engineering hub in Warsaw (commercial HQ in Singapore).
Ghent, Belgium · Startup Silverfin is a cloud accounting software company based in Ghent, Belgium, founded in 2013 by Joris Van Der Gucht and Tim Vandecasteele. Its connected accounting platform standardises and centralises financial data so accountants can automate compliance and reporting work and deliver advisory services more efficiently. The company operated across multiple countries with a customer base that included large accounting firms. In September 2023 the Norwegian software group Visma acquired Silverfin in a deal reported at around €300 million, one of the larger Belgian tech transactions.
Amsterdam, Netherlands · Startup Silverflow is an Amsterdam-based fintech that provides a cloud-native card payment processing platform. It offers a direct connection to the card networks via easy-to-use APIs, with features including 3D-Secure, network tokenisation, direct-to-card payouts, and dispute management based on enriched data. The company positions itself as a modern alternative to legacy payment infrastructure, serving payment service providers, payment facilitators, acquirers, and merchants. It was founded by former Adyen executives Anne Willem de Vries, Robert Kraal, and Paul Buying. Customers cited in press coverage include Deutsche Bank, Bolt, Payabl, and Buckaroo.
Grünwald, Germany · Startup simpleclub is a German-language digital learning platform for secondary-school students, apprentices in vocational training, and individual fields of study. It originated from the founders' educational video projects on YouTube and was incorporated as a company in 2015. The platform provides curriculum-aligned learning content, including content aligned to IHK standards, video lessons, exam-preparation tools, and an AI-powered learning assistant. It operates several lines: a consumer offering for school students, a B2B offering for companies training apprentices and skilled workers, and an offering for education and retraining providers.
Bratislava, Slovakia · Startup Simplicity is a GovTech and smart-city super-app that aggregates municipal news, payments, notifications, and city services into a single mobile experience. The platform evolved from local deployments in Slovakia and Europe into a US-focused expansion strategy, winning contracts with cities seeking a modern digital engagement layer. By 2026, Simplicity is a fast-scaling civic tech company turning city services into a unified digital channel.
Istanbul, Turkey · Startup Payments and embedded finance platform offering payment processing, digital wallets, prepaid cards and FX for merchants and consumers across emerging markets. Serves 6.3M users and 25,000 merchants.
Copenhagen, Denmark · Startup Siteimprove is a Copenhagen-based SaaS company founded in 2003 that provides a comprehensive website governance and digital experience platform covering accessibility compliance, SEO optimization, content quality, and analytics. The platform helps enterprises and public sector organizations ensure their websites meet WCAG accessibility standards, maintain brand consistency, and perform well in search rankings. With over 500 employees and thousands of customers worldwide, Siteimprove is a market leader in digital accessibility tooling and one of Denmark's most established B2B software companies.
Tallinn, Estonia · Startup Skeleton Technologies is an Estonian energy storage company founded in 2009 by Taavi Madiberk and Oliver Ahlberg, specializing in ultracapacitors and supercapacitors built with its proprietary Curved Graphene material. The company's products deliver rapid-charge, high-power energy storage for transportation, grid balancing, and industrial applications. Skeleton operates a manufacturing facility in Germany and has raised over EUR 200 million, including backing from the European Investment Bank and strategic partners in automotive and energy. It is one of the most capital-intensive deep-tech startups from the Baltics and a European leader in next-generation energy storage hardware.
Paris, France · Startup Skello is a SaaS workforce-management platform that helps businesses build and manage employee schedules, track time and absences, and handle related HR and payroll-preparation tasks. It is widely used in shift-based sectors such as retail, hospitality, pharmacies, bakeries and gyms. The company is headquartered in Paris and raised a 40 million euro Series B round in 2021 led by Partech, with existing backers XAnge and Aglaé Ventures, to expand across Europe.
Athens, Greece · Startup Skroutz is the dominant price-comparison and e-commerce marketplace in Greece, routinely ranking among the top five most-visited websites in the country and effectively serving as the discovery layer for most Greek consumer online shopping. Founded in 2005 by George Hadjigeorgiou, Vassilis Stavrou, and Panagiotis Papadimitropoulos as a simple product price-comparison site, it has since evolved into a full marketplace with integrated checkout, Skroutz Last Mile logistics, Skroutz Pay, and Skroutz Plus subscription, becoming the closest thing Greece has to a local answer to Amazon. The company was majority-acquired by CVC Capital Partners in 2021 at a valuation reported around EUR 300 million — one of the largest consumer-tech exits in Greek history — and it continues to run both its marketplace and a logistics arm independently. For the directory, Skroutz shows how a domestically dominant consumer platform can compound over fifteen years to become a strategic asset that global PE buyers are willing to pay premium multiples for.
Warsaw, Poland · Startup Synthetic data generation platform for computer vision AI. SKY ENGINE AI lets teams train and validate vision models on physics-based synthetic 3D datasets for defence, industrial inspection, retail, and autonomous systems, without the cost of collecting and labelling real-world data. Backed by Movens Capital.
Edinburgh, United Kingdom · Startup Skyscanner is a global travel search engine founded in Edinburgh that compares flights, hotels, and car rentals across hundreds of providers. Acquired by Ctrip (now Trip.com Group) in 2016 for $1.7 billion, Skyscanner continues to operate independently from Scotland and serves over 100 million monthly users. It remains one of Europe's most recognized consumer tech brands and a key reference point for Scotland's startup ecosystem.
Sibiu, Romania · Startup Invoicing, inventory and accounting software for Romanian SMEs with native e-Factura integration; used by 65,000+ businesses issuing millions of invoices monthly. Majority-acquired by Visma.
Helsinki, Finland · Startup Smartly is an AI-powered advertising platform that enables brands and agencies to automate and optimise paid social and cross-channel ad campaigns at scale. Founded in Helsinki in 2013, the platform handles creative automation, campaign management and performance analytics across Meta, TikTok, Pinterest, Snapchat, Amazon DSP and connected TV. The company serves over 700 enterprise advertisers globally and reported $221 million in annual revenue in 2026. Its AI Studio has generated nearly two million creative assets, delivering an average 27% performance lift versus static creatives.
Arco, Italy · Startup Smartness (formerly Smartpricing) is an Italian travel-tech and hospitality SaaS company headquartered in Arco, Trentino. It started as a dynamic-pricing revenue-management tool for accommodation providers and has expanded into an end-to-end AI platform for the hospitality sector, covering dynamic pricing, marketing campaign management, booking optimisation, guest messaging, CRM, payments, reputation management and property-management tools. The platform is aimed at helping hotels and accommodation properties increase revenue and direct bookings while reducing dependency on online travel agencies. In May 2026 it closed a €47 million Series B round.
Brno, Czech Republic · Startup Conversational e-commerce platform combining live chat, chatbots and an AI shopping assistant (Mira) to engage visitors and convert leads; used on 100,000+ websites, with leading live-chat market share in Central Europe.
Graz, Austria · Startup smaXtec builds ingestible sensor and AI monitoring systems for dairy cows to detect health issues early and improve herd management decisions, competing with precision livestock platforms such as Allflex, CowManager, and Nedap.
London, United Kingdom · Startup Snyk is a developer security platform founded in 2015 in London that helps software teams find and fix vulnerabilities in open-source dependencies, container images, infrastructure-as-code, and proprietary code. The company raised over $1 billion in funding and reached a peak valuation of $8.5 billion in 2021, becoming one of Europe's most valuable cybersecurity startups. Snyk integrates directly into developer workflows and CI/CD pipelines, positioning security as a developer-first concern. It serves over 1,500 enterprise customers including Google, Salesforce, and Atlassian.
Helsinki, Finland · Startup Solar Foods produces Solein, a single-cell protein made via gas fermentation using CO2, hydrogen and electricity — entirely decoupled from agriculture. Founded in 2017 as a VTT and LUT University spin-off, the company opened the world's first commercial-scale air-protein facility in Vantaa in 2024. In 2026 it is advancing its EFSA novel food approval and finalising the investment decision for Factory 02 in Lappeenranta, which will scale annual capacity from 160 to 6,400 tonnes. Fortum is a key investor and strategic partner for district heating integration.
Berlin, Germany · Startup Embedded banking platform providing regulated accounts, cards, and payments APIs. Solarisbank is a startup based in Berlin, Germany at the growth stage. The company operates in the Fintech, Banking space. Learn more at their website.
London, United Kingdom · Startup Solve Intelligence builds an AI platform for intellectual property and patent work, acting as a co-pilot for IP law. Its software helps teams collect ideas from inventors, draft patent applications, respond to office actions, handle continuations and divisionals, and coordinate global patent filings across technical domains. The company is a Y Combinator alumnus with operations in London and San Francisco, founded by Chris Parsonson (CEO), his brother Angus Parsonson (CTO), and Sanj Ahilan. In December 2025 it raised a $40 million Series B co-led by Visionaries and 20VC, bringing total funding to roughly $55 million.
London, United Kingdom · Startup Sona is a London-based workforce management platform built for frontline and deskless workers in industries such as hospitality and healthcare. Its integrated, AI-powered system combines scheduling, HR, payroll, compliance and business intelligence tools into a single people operating system. Founded in 2021 by Steffen Wulff Petersen, Oli Johnson and Ben Dixon, the company aims to serve the large global population of frontline workers. In April 2026 Sona raised a $45 million Series B led by N47, with participation from Felicis, Northzone, Gradient and Italian Founders Fund, taking total funding above $100 million.
Lausanne, Switzerland · Startup SOPHiA GENETICS is a Lausanne-based health-tech company founded in 2011 by Jurgi Camblong and Pierre Hutter as an EPFL spin-out. The company built a clinical AI platform — SOPHiA DDM — that enables hospital and laboratory networks to decode genomic data for oncology, rare disease, and pharmacogenomics applications. Its platform standardises and accelerates genomic analysis across a federated network of more than 780 healthcare institutions in 70 countries, turning each new clinical dataset into a contribution to a collectively smarter system. SOPHiA GENETICS listed on Nasdaq in July 2021, raising $228M, and is backed by Salesforce Ventures and Generation Investment Management. The company represents the EPFL ecosystem's capacity to produce globally significant clinical technology at scale.
Paris, France · Startup Sorare is a Paris-based fantasy sports and digital collectibles platform founded in 2018 by Nicolas Julia and Adrien Montfort. The platform lets users collect officially licensed digital player cards and compete in fantasy football, basketball, and baseball leagues. Sorare holds partnerships with over 300 sports organizations including the Premier League, NBA, MLB, and LaLiga. The company raised $680 million in its Series B led by SoftBank in 2021, reaching a valuation of $4.3 billion. Despite the broader NFT market downturn, Sorare has maintained its position by focusing on gaming utility rather than pure speculation. It operates from Paris with a major commercial office in London serving UK sports partnerships.
Wavre, Belgium · Startup Sortlist is a Belgian marketplace that connects companies with marketing, creative and digital agencies, helping businesses discover, evaluate and hire service providers. Founded in 2014 and registered in Wavre, it operates across multiple European markets. It raised an early round in 2019 with investors including Sambrinvest, and an €11 million round in 2021 backed by SRIW and The Club Deal. In 2024 the company reported reaching operational profitability, and in 2025 it named co-founder Nicolas Finet CEO alongside a new innovation lab.
Warsaw, Poland · Startup Infrastructure automation platform for engineering teams using Terraform, OpenTofu, CloudFormation, Pulumi, and Ansible. Spacelift helps enterprises manage IaC workflows, policy controls, and secure cloud deployments at scale.
Prague, Czech Republic · Startup PropTech platform unifying workplace apps and building systems (BMS, HVAC, lighting, access, IoT) into one AI-driven layer for space utilization, booking, digital twins and ESG tracking across real estate portfolios.
Paris, France · Startup Spendesk is a Paris-based fintech founded in 2016 that provides an all-in-one spend management platform combining corporate cards, invoice and expense management, approvals and budgeting for mid-market companies. It reached unicorn status in 2022 after a funding round of more than 100 million euros and serves thousands of finance teams across Europe.
Luxembourg City, Luxembourg · Startup The European headquarters of Spire Global (founded 2012, originally San Francisco), established in Luxembourg City in 2017 with backing from the Luxembourg Future Fund. Spire operates one of the world's largest commercial nanosatellite constellations — over 110 CubeSats — collecting maritime, aviation, and weather data sold as space-to-cloud analytics. Luxembourg is home to Spire's maritime data team and served as the anchor for a $70 million Series C round led by the Luxembourg government.
Paris, France · Startup Spore.Bio is a Paris-based biotech developing AI-driven microbiology testing for the food, beverage, cosmetics and pharmaceutical industries. Its technology uses spectroscopic analysis combined with machine learning to detect, quantify and identify micro-organisms directly from a sample without traditional culturing, enrichment or staining, reducing testing time from days to minutes. The approach is intended to let manufacturers identify contamination risks quickly on or near the production line. The company raised a $23M Series A in February 2025 led by Singular, building on an earlier pre-seed round, and in January 2026 announced multi-million funding from the Google.org Fund for AI in Science.
Madrid, Spain · Startup Spotahome is a Madrid-based 100% online platform for mid- and long-term apartment rentals (30 days+), eliminating in-person viewings through professional photo, HD video, and floor-plan verified listings. Founded in 2014 by Alejandro Artacho, Bryan McEire, Bruno Bianchi, and Hugo Monteiro, it lists 130,000+ properties across 450 cities in 65 countries and attracts 3M+ monthly users. Kleiner Perkins led a landmark $40M Series B — its first-ever Spanish investment. Spotahome reached profitability in H2 2024, closed a €5M strategic round in April 2025, and continues active operations with a mobile app updated May 2026.
Athens, Greece · Startup Tech-driven used-car B2C platform that inspects, reconditions and sells pre-owned vehicles with transparency and warranty. Founded 2015, ~250 staff, operating in Greece, Poland, Romania and Germany.
Stockholm, Sweden · Startup Spotify is the world's largest audio streaming platform, offering music, podcasts, and audiobooks to over 600 million users including 230+ million paid subscribers across 180+ markets. Founded in Stockholm in 2006 by Daniel Ek and Martin Lorentzon, Spotify went public on the NYSE in 2018 and has fundamentally transformed the global music industry. The company pioneered the freemium streaming model and continues to expand into new audio formats, creator tools, and advertising technology. Spotify is often considered Europe's most iconic consumer tech company.
Limassol, Cyprus · Startup Spotware Systems is a B2B fintech company founded in 2010 in Limassol, Cyprus, and the creator of the cTrader trading platform for CFD and FX brokers. As of 2025, cTrader serves over 11 million traders and added 2 million new traders in that year alone, with 104% year-on-year growth in trading volume. The company's product suite also includes cBridge, a platform-agnostic liquidity bridge connecting MT4, MT5, and cTrader to multiple liquidity providers. Spotware employs 200+ professionals across 30+ nationalities.
Riga, Latvia · Startup Spotwise.ai is a Riga-based B2B SaaS company that automates competitive radio advertising intelligence for broadcaster sales and ad-ops teams. Its system continuously monitors hundreds of terrestrial and digital radio streams, uses audio fingerprinting and ASR to detect and transcribe every ad break, identifies the advertiser and creative, and then pushes the resulting 'who is advertising on my competitor' feed into CRM and lead-routing workflows that the broadcaster's sales team can actually action. The product is explicitly built for multilingual European markets where a single media group may operate stations in four or five languages, which is a harder technical setup than the US-centric incumbents handle well. For Baltic and CEE broadcasters, Spotwise is one of the few tools that turns ad monitoring from a manual panel-listening exercise into a live competitive-intel feed, and the company sits in the broader category of AI-enabled sales intelligence products coming out of the Riga ecosystem.
Berlin, Germany · Startup Spryker is an enterprise commerce platform offering a composable, API-first architecture for B2B and B2C digital commerce. Based in Berlin and Hamburg, Spryker enables large enterprises to build custom transactional experiences across marketplaces, IoT commerce, and unified commerce scenarios. The company serves enterprise customers across manufacturing, retail, and wholesale, and has raised over $200 million from investors including TCV and One Peak.
Istanbul, Turkey · Startup Spyke Games is an Istanbul-based mobile gaming studio that raised one of the largest seed rounds in European gaming history — roughly USD 55 million in 2022, led by Griffin Gaming Partners, Index Ventures, and Makers Fund — on the strength of its founding team's track record in casual and social gaming. The studio focuses on multiplayer social casual titles with deep live-ops loops and player-to-player interaction as a retention driver, and is part of the generation of second-wave Turkish mobile studios (alongside Dream Games and Spyke Labs alumni) trying to turn the country's engineering depth and low-cost production into a durable mobile entertainment cluster. For the directory, Spyke represents the next chapter of Turkish mobile gaming following the Peak Games / Zynga exit, and a data point on how extensively Turkish founders have now captured international venture appetite for casual gaming.
London, United Kingdom · Startup Stability AI is a London-based artificial intelligence company founded in 2019 that develops open and openly licensed generative models across images, video, audio and 3D, best known for the Stable Diffusion text-to-image model. It positions itself around accessible, open generative AI for creators, developers and enterprises.
Bordeaux, France · Startup Restores soil health through AI-powered DNA sequencing of soil microbiomes, having built the first bacterial genome atlas for Bordeaux vineyard soils. Develops non-GMO, bacteria-based biosolutions to improve crop resilience in a changing climate.
Tallinn, Estonia · Startup Deep-tech firm manufacturing precious-metal-free alkaline electrolyser stacks (0.5-5 MW) and containerised green-hydrogen systems for refineries, steel and ammonia. Opened a Tallinn factory in 2025; backed by Repsol.
London, United Kingdom · Startup Starling Bank is a London-based digital bank founded in 2014 by Anne Boden, offering personal, business and joint current accounts through a mobile app under a full UK banking licence. It was one of the first British neobanks to reach sustained profitability and also licenses its banking technology to other institutions through its Engine software subsidiary. It employs several thousand people and reports revenue of more than 880 million pounds.
Tallinn, Estonia · Startup Starship Technologies is a Tallinn-founded robotics company building autonomous sidewalk delivery robots for last-mile grocery, food, and package delivery. Founded in 2014 by Skype co-founders Ahti Heinla and Janus Friis, the company has completed millions of commercial deliveries across the US, UK, and Europe. Starship's six-wheeled robots navigate sidewalks using computer vision and sensor fusion, and have raised over $100 million in funding. The company operates in university campuses, suburban neighborhoods, and city centers, making it one of the most deployed autonomous delivery platforms globally and a flagship Estonian robotics success.
Helsinki, Finland · Startup Steady Energy develops the LDR-50, a simplified small modular reactor (SMR) delivering 50 MW of thermal output for zero-carbon district heating. Founded in 2023 as a spin-off from VTT Technical Research Centre of Finland, the company raised €32 million and in February 2026 poured first concrete for a full-scale non-nuclear pilot plant inside Helsinki's former Salmisaari coal power station. Fortum and Finnish energy utility Helen are strategic partners. Steady Energy is also expanding to Sweden, targeting district heating decarbonisation across the Nordic region.
Stockholm, Sweden · Startup Stegra (formerly H2 Green Steel) is one of Europe’s most ambitious industrial decarbonization projects, aiming to rebuild steelmaking around renewable energy and green hydrogen. The company is building a fully integrated production campus in Boden, northern Sweden, where abundant hydropower and regional mining supply chains converge. The core innovation is the direct-reduction process: instead of using coal to reduce iron ore, Stegra uses green hydrogen, cutting CO2 emissions by roughly 95% compared with blast-furnace steel. That technical shift is the foundation for a new European supply of low-carbon steel, which is increasingly demanded by automakers, construction firms, and consumer brands. The company rebranded to Stegra in September 2024 to signal that it is more than a steel mill. Its long-term platform vision is to combine renewable power, hydrogen production, and mineral processing into a repeatable template for heavy industry. By 2026, the Boden plant is reported to be more than halfway constructed, with gigascale electrolyzers (supplied by Thyssenkrupp Nucera) being installed and key offtake contracts signed. Customers reportedly include Porsche, Mercedes-Benz, Scania, and IKEA, and more than half of initial output has been pre-sold — a strong indicator that the “green premium” market is real. Stegra’s financing structure is as notable as its technology. Rather than relying solely on venture capital, the company blends project-finance debt with growth equity, totaling more than €6.5 billion in commitments. This makes it one of the largest private industrial raises in Europe and a flagship case for climate infrastructure funding. Its origins are tied to Vargas Holding, a Swedish venture-builder that also co-founded Northvolt and Polarium, acting as an institutional co-founder rather than a conventional accelerator. Early support from EIT InnoEnergy helped validate the project at the EU level. Stegra’s investor roster reflects its strategic importance: Altor Equity Partners, GIC, Just Climate, Temasek, and Porsche SE are among its backers. In 2026, Stegra represents the “Northvolt effect” done right: a proof that Europe can re-industrialize around clean energy and keep advanced manufacturing on the continent. If it succeeds, it will be a template for decarbonizing other hard-to-abate sectors, from cement to fertilizers, and a cornerstone of Europe’s green-industry competitiveness.
Berlin, Germany · Startup Stelovo is a small consumer app for planning nights out with friends — you propose a few time slots, everyone votes, and the app picks the moment that works for the group. Positioned against heavier event-management tools, it's a quiet, design-led take on group scheduling for existing friend circles rather than a public events product. The project ships as a lightweight web app under a single-founder or small-team indie model.
Poznań, Poland · Startup Connected smart stethoscope and AI platform that records and analyses lung and heart sounds for home-based respiratory diagnostics, paediatrics, and remote triage. Combines a CE-marked medical device with cloud-based AI that flags abnormal sounds for physicians. Backed by Movens Capital.
Paris, France · Startup Stoïk is a Paris-based insurtech founded in 2021 that combines cyber insurance with cybersecurity software for small and medium-sized businesses. It bundles coverage with active risk-monitoring and scanning tools to help SMEs both insure against and reduce their exposure to cyber risk. The company operates across several European markets including France, Germany, Spain, Belgium, Austria and Luxembourg. After a 25M euro Series B in 2024 led by Alven, Stoïk raised a 20M euro Series C in January 2026, co-led by Impala and Opera Tech Ventures, to advance its AI agents and expand across Europe.
Luxembourg City, Luxembourg · Startup A Luxembourg-headquartered digital securities marketplace founded in 2018 by Arnab Naskar, Tobias Seidl, and Lennart Ante. STOKR operates an EU-regulated issuance platform for security tokens built on Bitcoin's Liquid Network, serving both professional and retail investors. The company is registered as a VASP with the CSSF and surpassed $1 billion in tokenised asset volume by 2025.
Linz, Austria · Startup Storyblok is a headless content management system founded in 2017 in Linz, Austria by Dominik Angerer and Alexander Feiglstorfer. The platform provides a visual editor and API-first architecture that enables developers and marketing teams to create, manage, and publish content across websites, mobile apps, and digital displays from a single source. Storyblok has raised over $80 million from investors including Mubadala Capital, HV Capital, and 3VC. The company serves thousands of customers including Adidas, Tesla, and Pizza Hut. As a fully remote-first Austrian company that competes with Contentful and Sanity, Storyblok is a standout example of enterprise SaaS innovation from outside Europe's traditional tech hubs.
Stockholm, Sweden · Startup Stravito is a Stockholm-based AI-powered insights intelligence platform that centralises consumer, market, and business research for large enterprises. The company unifies an organisation's existing research in one secure space and pairs AI with human expertise to make insights fast and easy to access for better decision-making. Its product includes an Insight Library, an AI Assistant, and AI Personas that turn segmentation research into interactive consumer profiles. Founded in 2017 by former iZettle employees, Stravito serves enterprise brands including Nestlé, Unilever, Danone, and Comcast.
Belgrade, Serbia · Startup Strawberry Energy is a Belgrade-founded smart-city and clean-tech startup best known for Strawberry Tree, a solar-powered public charging and urban-data station that became one of the first widely deployed pieces of street furniture combining renewable energy, IoT sensing, and free phone charging for cities. Founded in 2011 by Miloš Milisavljević while he was still a university student, the company has placed its units across the Balkans, the UK, and the Middle East, and expanded into smart-city data platforms that feed environmental, footfall, and air-quality metrics back to municipalities. Strawberry was recognized early as a European clean-tech pioneer, winning the European Commission's 'European Champion' award and being featured in MIT Technology Review's Innovators Under 35. For the directory it is a strong example of physical-product clean-tech built from Serbia, a counterpoint to the region's dominant gaming and SaaS stories.
London, United Kingdom · Startup Stream, rebranded from Wagestream in September 2025, is an employer-partnered workplace finance platform. Through partner employers, frontline workers gain flexible early access to their earned wages, alongside budgeting and financial-planning tools, a savings account, affordable credit, and money coaching. In 2025 it expanded into workplace pensions via its acquisition of Zippen. The platform serves several million workers across more than 2,000 employers in the UK, Europe, and the US, with partners including Asda, Bupa, Greene King, and the NHS.
Oslo, Norway · Startup Strise is an Oslo-based technology company that builds an AI-powered platform automating anti-money-laundering (AML) and know-your-customer/know-your-business (KYC/KYB) compliance work for banks, fintechs and other financial institutions. Its product automates onboarding, ongoing due diligence, ownership and beneficial-owner mapping, screening, risk scoring, and alert and case triage, built on a proprietary graph that links entities, directors, ownership structures and sanctions exposure into a continuously updated data graph. Founded by Marit Rødevand, Sigve Søråsen and Patrick Skjennum, it maintains an office in London alongside its Oslo headquarters, with reported partners including PwC Norway.
Amsterdam, Netherlands · Startup StuDocu is an Amsterdam-based platform where students share and access study materials such as lecture notes, summaries and practice exams. Operating under the legal entity StudeerSnel B.V., it launched as StudeerSnel.nl before expanding internationally under the StuDocu brand, serving students across many countries and disciplines. In recent years it has added AI-based study tools for generating quizzes, summaries and structured notes. The company raised a $50 million Series B round in 2021 led by Partech.
Bratislava, Slovakia · Startup Sudolabs is a product studio and venture builder that designs and engineers high-end digital products for US startups. While technically a studio, it functions as a talent engine and a behind-the-scenes contributor to multiple venture-backed successes. By 2026, Sudolabs is one of the most respected engineering partners in the region.
Manchester, United Kingdom · Startup Summize is a Manchester-based legaltech company offering an AI-powered contract lifecycle management platform. Its SaaS technology is designed to unite legal teams and business stakeholders so they can draft, review and manage contracts more efficiently. Founded in 2018 by former general counsel Tom Dunlop and software engineer David Smith, the company counts customers such as Revolut among its roster. In early 2026 Summize raised $50 million to accelerate product development and global growth, building on an earlier Series A backed by YFM Equity Partners and Maven Capital Partners.
London, United Kingdom · Startup SumUp is a leading European fintech providing mobile point-of-sale card readers and a suite of financial tools for small merchants. The company serves over 4 million businesses across 35+ countries, offering card acceptance, invoicing, business accounts, and online payment links. SumUp has become the go-to payments partner for micro and small businesses across Europe and beyond, competing with Square in the SMB payments space.
Riga, Latvia · Startup Sun Finance Group is a Riga-based fintech company founded in 2017 by Toms Jurjevs and Emils Latkovskis that operates a mobile and online lending marketplace across Sweden, Denmark, Poland, Latvia, Vietnam, Kazakhstan, and Mexico. Its platform analyses up to 10,000 data points per applicant to deliver microloans, instalment loans, lines of credit, and Buy Now Pay Later products. The company has issued close to €2 billion in loans to over 25 million registered customers, employs 1,400+ people, and is repeatedly ranked in the Financial Times FT 1000 list of Europe's fastest-growing companies.
Warsaw, Poland · Startup Sundose was founded in 2017 by Michał Gołkiewicz and Tomasz Styk and launched commercially in Poland in 2018. The company runs a direct-to-consumer subscription model, personalising daily supplement sachets from dozens of ingredients based on a health questionnaire and optional blood-test data, and has expanded to the UK, Germany, and Italy. It raised a $6M Series A in 2021 led by DX Ventures and Atmos Ventures, with participation from Delivery Hero Ventures.
Gdańsk, Poland · Startup SunRoof is a Polish-Swedish cleantech company building 2-in-1 integrated solar roofs — building-integrated photovoltaics (BIPV) that replace conventional roofing material entirely with a solar-generating surface for residential and commercial buildings. Founded in 2013 by Lech Kaniuk, Karol Kaniuk, Marek Zmysłowski and Rafał Plutecki, the company runs its main R&D and production hub in Gdańsk under a Swedish holding (SunRoof International), and operates across Poland, Sweden and Germany.
SunRoof has raised roughly €28.5M, including a €15M round led by the Klima Energy Transition Fund (Alantra), with earlier backing from World Fund, Nordic Alpha Partners, Inovo Venture Partners, SMOK Ventures and Alfabeat. It grew past 130 employees and positions its integrated roofs as a lower-carbon, design-led alternative to bolt-on solar panels.
Yerevan, Armenia · Startup SuperAnnotate is an AI training data platform founded in Yerevan by brothers Tigran and Vahan Petrosyan. It provides tools for annotating, managing, and automating labelled datasets across images, video, text, and audio at scale. Backed by NVIDIA, the platform serves enterprise clients including Databricks and Canva. In 2025 the company raised $50 million to accelerate its AI data-annotation capabilities.
Helsinki, Finland · Startup Supercell is a Helsinki-based mobile games studio founded in 2010 by Ilkka Paananen (CEO), Mikko Kodisoja, Petri Styrman, Lassi Leppinen, Visa Forstén and Niko Derome. It publishes some of the highest-grossing mobile games ever made — Clash of Clans, Hay Day, Boom Beach, Clash Royale and Brawl Stars — reaching around 290 million monthly active players and €2.65bn in 2025 revenue. Its 'cell' model gives small autonomous teams of 5–7 full authority to greenlight and kill games, treating cancelled prototypes as learning rather than failure.
Supercell was backed early by European VCs Lifeline Ventures (Helsinki), Accel and Atomico (London) and Index Ventures, raising a $130M Series B in 2013. SoftBank and GungHo acquired 51% that year; in 2016 a Tencent-led consortium paid $8.6bn for ~84% at a ~$10.2bn valuation, with Tencent consolidating majority control by 2019. Tencent has kept Supercell operationally independent in Helsinki, with remaining shares held by employees.
Bratislava, Slovakia · Startup SuperScale delivers revenue optimization for mobile games, combining AI with expert growth teams to revive older titles and improve monetization for new launches. The company partners with major global studios and provides a services-plus-software model that drives measurable uplift. By 2026, SuperScale is a leading Slovak gaming analytics and growth platform.
Paris, France · Startup French embedded-banking (banking-as-a-service) platform letting software companies embed accounts, cards and payments. Licensed electronic money institution authorised by the French ACPR; partnered with BNP Paribas.
Amsterdam, Netherlands · Startup Swapfiets is a Dutch mobility company founded in 2014 in Delft that pioneered the bicycle-as-a-subscription model: for a fixed monthly fee members get a bike, recognisable by its blue front tyre, with maintenance and repairs included and a replacement swapped in within days if anything breaks. It operates in cities across the Netherlands, Germany, Belgium, Denmark and beyond, with hundreds of thousands of subscribers.
Helsinki, Finland · Startup Swappie is a European recommerce platform specialising in certified refurbished iPhones and iPads, selling to consumers across more than 20 countries with a 12-month warranty. Founded in 2016 in Helsinki, it refurbishes devices through a 52-stage technical process at its facilities in Helsinki and Tallinn, and has served over two million customers. The company raised $124 million in Series C funding and has 586 employees as of early 2026. Swappie transitioned to a fully online model in 2025, closing retail stores to focus on its digital marketplace.
Leuven, Belgium · Startup Swave Photonics has developed the world's first true holographic display chip — the HXR spatial light modulator with sub-300 nm pixels — enabling AR smart glasses, heads-up displays and 3D video walls without waveguides or varifocal lenses. Spun out of imec in Leuven in 2022 by Theo Marescaux and Dmitri Choutov, the company closed a €27 M Series A in January 2025 co-led by imec.xpand and SFPIM Relaunch, followed by a €6 M Samsung Ventures-backed follow-on in June 2025, bringing total funding to over €43 M. The chip leverages CMOS manufacturing for mass-market cost structures, targeting OEMs in AR wearables and automotive HUDs.
Paris, France · Startup Swile is a Paris-based employee benefits and fintech platform founded in 2018 by Loic Soubeyrand. The company digitizes meal vouchers, gift cards, mobility credits, and other employee perks into a single smart card and mobile app, replacing the paper-based benefits systems that remain common across France and Southern Europe. Swile raised over EUR 200 million from investors including SoftBank Vision Fund and has been valued at over EUR 1 billion. In 2022 it merged with Brazilian benefits platform Bswift to expand into Latin America. Swile is a leading force in modernizing employee experience across Europe.
Porto, Portugal · Startup Sword Health is a Portuguese digital health company focused on musculoskeletal care delivered through a mix of sensors, software, and remote clinical support. The company became prominent by showing that physical therapy does not need to depend entirely on repeated in-person visits when patient motion can be measured remotely and paired with continuous guidance from licensed professionals. Its model combines wearable motion tracking, AI-assisted feedback, and human clinicians into a structured care program that large employers and health plans can offer at scale. That makes Sword Health more than a telehealth app; it is a vertically integrated care-delivery product with hardware, data, and clinical workflow built together. In the European startup ecosystem, Sword Health is a strong example of how deep health-tech products can emerge from the region and sell into highly demanding enterprise buyers in healthcare and HR. It also broadens the directory's coverage of sensor-driven health platforms by linking medical use cases with the kinds of product, data, and device capabilities that have made other European health companies successful.
Bydgoszcz, Poland · Startup Sybilla Technologies is a Bydgoszcz-based space-tech company specialising in space situational awareness, space traffic management and orbital safety. It designs, builds and operates robotic optical observatories and the software that automates data acquisition, analysis and scheduling across sensor networks. Its space domain awareness data serves national space agencies in Poland, Italy and France, as well as the European Space Agency.
London, United Kingdom · Startup Sylvera is a London-based climate-tech company founded in 2020 that rates and analyses carbon credits and nature-based projects using satellite data, machine learning and field measurement, helping corporate buyers judge the quality of their carbon offsets. It provides ratings, pre-issuance analytics and procurement tools, and has raised more than 90 million dollars from investors.
Vienna, Austria · Startup Vienna-based AI canvas for architects providing a browser-based collaborative design environment where natural-language prompts generate vector floorplans, 2D drawings, 3D models, and video renders up to 1,000× faster than traditional CAD tools. 60,000 users within months of beta launch. Raised €3.06M pre-seed from Plug and Play.
Kraków, Poland · Startup Synerise is a Polish enterprise AI platform that combines customer-data infrastructure with behavioral-AI and recommendation engines for retail, banking, and telco clients. Founded by Jarosław Królewski, the company built proprietary deep-learning models for sequence prediction and has competed in international ML benchmarks. Synerise has been backed by investors including Cyfrowy Polsat and serves enterprise customers across CEE and beyond.
London, United Kingdom · Startup Synthesia is a London-based AI video generation platform founded in 2017 by Victor Riparbelli, Steffen Tjerrild, and a team of AI researchers from University College London and TU Munich. The platform allows users to create professional-quality videos from text prompts using photorealistic AI avatars that speak in over 140 languages, eliminating the need for cameras, actors, or studios. Synthesia has raised over $150 million from investors including Accel, NVIDIA, and Kleiner Perkins, reaching a valuation above $2 billion. It serves over 50,000 enterprise customers including Amazon, Tiffany, and Reuters. Synthesia is one of Europe's most successful AI-native media companies.
Berlin, Germany · Startup Synthflow AI is a Berlin-based no-code platform for building and deploying AI voice agents that automate phone conversations. It lets non-technical business users create customisable voice agents without engineering resources, applying a no-code approach to conversational phone AI. The agents handle inbound and outbound calls for use cases such as customer service, appointment scheduling, and lead qualification, and connect to external systems through integrations with calendars, CRMs, and telephony platforms. The company also operates in-house telephony infrastructure and targets enterprise and BPO/contact-center customers.
Bratislava, Slovakia · Startup Tachyum is developing the Prodigy Universal Processor, a bold attempt to unify CPU, GPU, and TPU workloads into a single hyperscale chip. The vision is a high-efficiency architecture that could dramatically reduce data center power consumption and cost. By 2026, the company is in moonshot territory, with tape-out success positioned as a potential disruption to incumbent giants like Nvidia and Intel. It is one of the most ambitious semiconductor bets in Central Europe.
Copenhagen, Denmark · Startup Tactile Games is a Copenhagen-based mobile gaming studio founded in 2008, known for hit casual puzzle titles including Lily’s Garden and Cookie Cats. The company has achieved hundreds of millions of downloads and generates strong recurring revenue through free-to-play mechanics and live ops. With over 360 employees, Tactile is one of the largest independent game studios in the Nordics and a key player in Denmark’s thriving gaming ecosystem alongside SYBO and Hugo Games. The company builds its games in-house and focuses on narrative-driven casual experiences that retain players over months.
Porto, Portugal · Startup Cashback platform that links shopping rewards to the stock market: a share of each purchase at 300+ partner brands is invested in stocks, with rewards fluctuating daily and a guaranteed minimum.
Berlin, Germany · Startup Taktile is a Berlin-based provider of an agentic decision platform for financial institutions, combining AI automation with human oversight for regulated environments. Its platform lets banks and insurers build and deploy automated decision flows and AI agents across onboarding and KYC, credit decisions, fraud detection, AML and compliance, and insurance underwriting. The company emphasises transparency and control, positioning around traceable decisions. Founded by Maik Taro Wehmeyer and Maximilian Eber, who met at Harvard and previously worked together at QuantCo, Taktile raised a 51.5 million euro Series B in February 2025 led by Balderton Capital.
Warsaw, Poland · Startup Talkie.ai is a Polish conversational AI platform focused on healthcare voice automation for hospitals, clinics, and medical contact centers. The product handles appointment workflows, prescription-related requests, triage-first routing, and self-service call handling through localized NLP and no-code configuration. Built in Poland with expansion across Europe and the US, it targets high-volume patient communication with compliance-oriented integrations.
Luxembourg City, Luxembourg · Startup Talkwalker is a Luxembourg-based social intelligence and consumer analytics platform that helps enterprises monitor and interpret public digital conversation at large scale. The product ingests data from social media, online news, forums, blogs, and other public sources, then applies AI and language processing to identify trends, sentiment shifts, competitive movement, and brand reputation risks. This makes it valuable for communications, marketing, and product teams that need external market signal rather than only internal customer data. In the European startup ecosystem, Talkwalker is important because it turns large volumes of messy unstructured internet data into decision-support infrastructure for major companies. It also complements internal governance and analytics platforms by focusing on what organizations can learn from the outside world in real time. For this directory, Talkwalker helps extend coverage into social intelligence and brand analytics, a category that sits between data infrastructure, marketing strategy, and customer insight.
Stockholm, Sweden · Startup Stockholm-based AI medical scribe that listens to doctor-patient consultations and generates structured clinical notes in real time, reducing physician documentation time by up to 70%. Raised a $50M Series A led by Kinnevik in 2026.
Helsinki, Finland · Startup Helsinki-based decentralised social coding platform built on the AT Protocol, the same open standard powering Bluesky. Provides federated Git hosting, pull-request workflows, and social discovery for developers, positioning itself as a European alternative to GitHub. Raised €3.8M seed from byFounders with participation from GitHub's ex-CEO.
Prague, Czech Republic · Startup Tatum is a developer platform that unifies dozens of blockchain protocols into a single API, allowing enterprises to build crypto features without specialized blockchain teams. The platform abstracts wallet creation, transactions, and smart contract interactions into simple endpoints. By 2026, Tatum positions itself as the “Stripe for crypto infrastructure,” serving banks and fintechs that want to launch regulated digital-asset services. Its focus is on reliability and developer speed rather than speculative crypto exposure.
Hamburg, Germany · Startup Taxdoo is a Hamburg-based tax automation platform founded in 2016 that specializes in VAT compliance, financial accounting, and tax reporting for e-commerce businesses selling across European borders. The platform automates the complex web of cross-border VAT obligations that arise when online sellers store and ship goods across multiple EU countries. Taxdoo integrates with major e-commerce platforms and marketplaces including Amazon, Shopify, and eBay, and handles VAT registration, filing, and reporting across jurisdictions. The company serves thousands of online merchants navigating Europe's fragmented tax landscape.
Berlin, Germany · Startup Taxfix is a mobile-first tax filing app that simplifies income tax returns for individuals in Germany and other European markets. The app guides users through their tax declaration using a conversational interface and automatically optimizes deductions. Taxfix has served millions of users and raised over $200 million in venture funding, making tax filing accessible to people who previously avoided the complexity of traditional tax software.
Sofia, Bulgaria · Startup Team-GPT is a Bulgarian-founded enterprise AI collaboration platform launched in 2023 by five co-founders including Vassil Valchanov. The platform helps companies discover and deploy AI use cases at scale, enabling teams to work with large language models in a shared workspace. Team-GPT raised $4.5 million in November 2024, closing what was reported as the largest Bulgarian seed round of that year. The company is headquartered in San Francisco with its founding team in Sofia.
Ghent, Belgium · Startup Teamleader is a Ghent-based SaaS company that provides cloud software for small and medium-sized businesses, combining CRM, project management, quotation and invoicing tools in a single platform. Founded in 2012 by Jeroen De Wit, Mathias De Loore and Willem Delbare, it expanded into multiple products including Teamleader Focus for small teams and Teamleader Orbit for agencies. After raising rounds backed by Fortino Capital and Keen Venture Partners, the company was acquired by the Norwegian software group Visma in June 2022 and continues to operate under its own name.
Ghent, Belgium · Startup TechWolf is a Ghent-founded enterprise AI company building the skills inference layer that large organizations need to move from role-based to skills-based operating models. Instead of asking employees and managers to maintain a skills taxonomy by hand (which never works at scale), TechWolf ingests signals from the systems where work actually happens — HRIS, ATS, learning platforms, project-management tools, internal wikis — and uses NLP models to derive a live, probabilistic skills graph per employee. Large enterprises plug that graph into internal mobility, workforce planning, strategic sourcing, and generative-AI copilots to answer questions like 'who inside the company can staff this project?' or 'how exposed is this business unit to automation?'. The company has raised growth capital from Felix Capital and Stride.VC and counts several Fortune 500 HR and technology buyers among its clients, and has partnered with SAP SuccessFactors, ServiceNow, and Workday as an embeddable skills engine — a strategically useful position in a category now being chased by the biggest HCM vendors in the world.
Copenhagen, Denmark · Startup Templafy is an enterprise content enablement platform that keeps documents, presentations, and emails on brand and compliant. Founded in Copenhagen in 2014, the company integrates with tools like Microsoft Office and Google Workspace to centralize templates, assets, and dynamic content. Templafy serves global enterprises with millions of users and automates governance for marketing, legal, and sales teams. It is one of Denmark's most successful B2B SaaS scale ups.
Reykjavik, Iceland · Startup Tempo Software is an Icelandic-founded project and portfolio management company whose flagship time-tracking product for Atlassian Jira originated at TM Software in Reykjavik in 2007 before spinning off as an independent company in 2015. Tempo's suite covers time tracking, resource planning, roadmapping, and financial management inside Jira, and is used by more than 30,000 companies including one in three Fortune 500 firms. The company has a significant engineering hub in Reykjavik alongside offices in Boston and Montreal.
Belgrade, Serbia · Startup Tenderly is a Belgrade-based blockchain development platform that provides smart contract monitoring, debugging, simulation, and infrastructure tools for Web3 developers. The platform allows teams to test transactions, simulate contract interactions, and set up real-time alerting before deploying to mainnet, significantly reducing the risk and cost of bugs in decentralized applications. Tenderly has raised over $40 million from investors including Spark Capital and Accel, and is used by leading DeFi protocols and blockchain teams globally. It is one of Serbia's highest-profile venture-backed startups and a key piece of developer tooling infrastructure in the Web3 ecosystem.
Gdańsk, Poland · Startup Full-stack carbon management platform offering SaaS tools for CO2e calculation, reporting and reduction. Its Tergoscope helps companies meet sustainability regulations, while TERbit tracks emission savings from eco-friendly transport choices.
St. Gallen, Switzerland · Startup Terra Quantum is a St. Gallen-based quantum technology company co-founded in 2019 by Markus Pflitsch to develop quantum-as-a-service algorithms and hybrid quantum-classical computing solutions. The company bridges near-term quantum hardware with practical enterprise use cases in finance, pharma, logistics, and energy by developing quantum algorithms that run on today's noisy intermediate-scale quantum devices. Terra Quantum raised a Series A backed by Lakestar and Investcorp and has established research partnerships with academic institutions across Europe. It is one of the few European quantum software companies focused on customer-facing problem-solving rather than hardware development, and a key player in Switzerland's emerging quantum technology ecosystem.
Vilnius, Lithuania · Startup Tesonet is a Vilnius-based founders-led venture builder founded in 2008 by Tomas Okmanas and Eimantas Sabaliauskas. The group builds, accelerates, and invests in technology products across cybersecurity, AI, web intelligence, EdTech, and SportTech verticals. Its portfolio companies include Oxylabs, Surfshark, and nexos.ai, in addition to the better-known Nord Security and Hostinger. The group employs over 3,500 people and operates Cyber City, a 35,000 m² tech campus in Vilnius.
Amsterdam, Netherlands · Startup Skills-based pre-employment assessment platform offering 350+ tests, AI video interviews and resume scoring to help companies hire on real skills. Founded 2019 in Amsterdam.
Yerevan, Armenia · Startup Text'nPayMe is a Yerevan-based fintech startup building keyboard-first payment experiences that let users initiate peer-to-peer and micro-transactions directly inside any messaging or social app, without context-switching to a separate banking application. The product takes the form of a custom mobile keyboard extension that sits above the standard typing layer and exposes send-money, request, and split-bill actions as first-class gestures. For banks and wallets the company offers the same stack as an embedded-finance SDK, so that partners can ship in-chat payments without rebuilding messaging infrastructure. Text'nPayMe emerged through the 500 Global Eurasia program and is part of a cohort of Armenian fintechs using the region's engineering depth to attack conversational commerce in emerging markets.
Munich, Germany · Startup The Exploration Company is a Munich-based space startup founded in 2021 by Helene Huby, a former Airbus and ArianeGroup executive. The company is developing Nyx, a reusable orbital vehicle designed to carry cargo to the International Space Station and future commercial space stations. Nyx uses a green propulsion system and is designed for multiple missions, reducing cost per flight. The company has raised over EUR 150 million, including a major Series B, making it one of Europe's best-funded space startups. The Exploration Company represents Europe's push for independent orbital logistics capabilities beyond traditional government-led programs.
Warsaw, Poland · Startup AI-powered speech therapy platform for children that diagnoses speech impediments, recommends personalised therapy and delivers 2,000+ exercises as mobile games. Backed by Simpact Ventures and SMOK Ventures.
Tbilisi, Georgia · Startup Theneo is a Georgian-founded developer-tools company building AI-assisted API documentation and developer portals, competing directly with Stripe-style 'beautiful docs' experiences and tools like Readme.com, Mintlify, and GitBook's API product. The core insight is that most companies ship OpenAPI or Postman specs but produce documentation that is perpetually out-of-date and unusable by developer customers; Theneo ingests the spec, uses LLMs to generate structured guides, code examples, and quickstarts around it, and then keeps the doc in sync as the API surface changes. Founded by Ana Robakidze, Kate Avetisian, and Tamar Kvezereli, Theneo graduated from Y Combinator's W22 batch and has raised seed capital from tier-one US investors — it is one of the first Georgian startups to reach that kind of Silicon Valley visibility and is a useful flagship for Tbilisi's emerging developer-tools scene.
Wrocław, Poland · Startup Wrocław-based deep-tech company developing next-generation satellite communications payloads, SATCOM ground terminals and flexible telecom systems. Backed by ESA's HummingSAT programme; launched a pre-IPO targeting 30–35M PLN ahead of a NewConnect debut.
London, United Kingdom · Startup Thought Machine is a London-based core banking technology company founded in 2014 by Paul Taylor, a former Google engineer. Its flagship product Vault is a cloud-native core banking platform that allows banks to configure any financial product using smart contracts, replacing legacy mainframe systems. The company raised over $500 million in funding, reaching a valuation of $2.7 billion, and counts major banks including JPMorgan, Standard Chartered, Lloyds, and SEB among its customers. Thought Machine represents a key European player in the global core banking modernization wave.
Bergen, Norway · Startup Fully digital smart electricity company whose app optimizes household energy use against dynamic spot pricing and automates EV/heating consumption. Founded 2016 in Norway.
Szczecin, Poland · Startup Customer service platform for small and midsize businesses combining live chat, AI chatbots, and helpdesk automation. Tidio helps e-commerce teams improve support response times and drive conversion from website traffic.
Berlin, Germany · Startup TIER Mobility is a Berlin-based micro-mobility company founded in 2018 by Lawrence Leuschner, Matthias Laug, and Julian Blessin. The company operates shared e-scooters, e-bikes, and e-mopeds across over 250 cities in Europe and the Middle East. TIER has raised more than $600 million in equity and debt and acquired competitors Nextbike and Spin to consolidate its market position. The company distinguishes itself through a focus on sustainability, using swappable batteries and carbon-neutral operations. TIER is one of Europe's largest micro-mobility operators and a key player in the continent's urban transport transition.
Riga, Latvia · Startup Tilde is a European AI-driven language technology company founded in Riga in 1991, with 150+ professionals across offices in Riga, Vilnius, and Tallinn. The company specialises in neural machine translation, multilingual virtual assistants, and speech technologies for low-resource European languages. In 2025 it released TildeOpen LLM — a 30-billion-parameter open-source large language model covering 34 European languages, trained on the LUMI supercomputer after winning the European Commission's Large AI Grand Challenge with a €250,000 prize and 2 million GPU hours.
Dublin, Ireland · Startup Tines is a Dublin-founded enterprise software company building workflow automation for security, IT, and operations teams. The product became well known in cybersecurity because it gives frontline analysts a low-code way to automate repetitive response tasks without needing to maintain brittle custom scripts. Teams can connect alerts, ticketing tools, identity systems, cloud platforms, and communication apps into visual workflows that investigate incidents, enrich context, trigger approvals, and execute remediation steps automatically. That lowers manual workload while preserving auditability and human control over higher-risk actions. Over time, Tines has expanded beyond pure security orchestration into broader internal operations, making the platform useful anywhere a company needs reliable API-based workflow execution across multiple tools. Its traction reflects a larger shift in enterprise software toward operator-owned automation rather than centralized engineering bottlenecks. In the European ecosystem, Tines is also a strong example of an Irish infrastructure startup that scaled into a global category while staying connected to the region's talent and capital networks.
Stockholm, Sweden · Startup Tink is an open banking platform headquartered in Stockholm, founded in 2012 by Daniel Kjellén and Fredrik Hedberg. It provides open banking APIs and services that let banks, fintechs and merchants access financial data and build their own financial products. Originally a consumer financial-management app, Tink pivoted to offer its technology to other businesses, becoming one of Europe's open banking infrastructure providers. In June 2021 Visa agreed to acquire Tink for approximately €1.8 billion, completing the deal in 2022, after which Tink became wholly owned by Visa while retaining its brand.
St. Julian's, Malta · Startup Tipico is one of the largest sports-betting groups in Europe, headquartered in Malta with major technology and operations teams on the island and a footprint that spans Germany, Austria, Croatia, Colombia, and (via Tipico US) a growing US presence following a merger agreement with another US operator. Originally founded in Germany in 2004 by Dieter Pawlik and Philip Wessels, the company relocated its group holding and core tech organization to Malta to take advantage of the MGA's multi-jurisdictional licensing framework, which lets Tipico run a single platform across many regulated markets. Tipico's Malta operation builds the trading engine, pricing models, risk-management systems, retail POS network, and mobile apps that process billions of euros in annual betting volume, and the company is today one of the island's largest single private-sector tech employers. It is an anchor example of how Malta's regulatory and talent setup supports very large-scale gaming technology organizations.
Luxembourg City, Luxembourg · Startup A Luxembourg fintech founded in 2017 by Luc Falempin and Daniel Coheur that provides an institutional-grade, no-code tokenisation platform for the issuance, transfer, and lifecycle management of digital securities on public blockchains. The company's T-REX (Token for Regulated EXchanges) open standard enables compliance-native security tokens. Tokeny tokenised over €28 billion in assets between 2017 and 2023 and was acquired by Apex Group in May 2025.
Copenhagen, Denmark · Startup Too Good To Go is a marketplace that helps consumers buy surplus food from restaurants, bakeries, and supermarkets at a discount, reducing food waste. Launched in Denmark in 2015, the app scaled across Europe, North America, and Australia, building a global community that has saved millions of meals. The company combines sustainability impact with a simple consumer pickup model and has become one of the best known Danish climate tech exports. It also runs programs that help businesses prevent waste and educate consumers about food labeling.
Berlin, Germany · Startup Tourlane is a Berlin-based travel tech company that combines technology with personal travel advisors to create customized multi-day trips. The platform uses data and algorithms to match travelers with personalized itineraries for long-haul destinations, then pairs them with expert advisors for booking. Tourlane has raised over $100 million and serves customers primarily in Germany and the US, bridging the gap between OTA convenience and traditional travel agency expertise.
Vienna, Austria · Startup TourRadar is a Vienna-based online travel marketplace specialising in multi-day organised tours. Founded in 2010 by brothers Travis and Shawn Pittman, it connects travelers with tour operators worldwide across adventure travel, safaris, river cruises, food tours and hiking trips. The platform lets users browse, compare and book multi-day trips, read traveler reviews and access booking-protection services. It positions itself as an organised adventure platform and has raised venture funding through a Series C round with backers including TCV, Cherry Ventures and Speedinvest.
Pasching, Austria · Startup Tractive builds GPS tracking and health-monitoring products for dogs and cats. Tractive is a startup based in Pasching, Austria at the growth stage. The company operates in the Pet Tech, IoT, Wearables space. Founded in 2012. Learn more at their website.
Berlin, Germany · Startup Trade Republic is Europe's largest savings platform and a commission-free neobroker offering stocks, ETFs, derivatives, and crypto trading via a mobile-first app. Founded in Berlin, the company holds a German banking license and serves over 4 million customers across 17 European countries. Trade Republic has been valued at over $5 billion and is a leading force in the democratization of retail investing across Europe.
Copenhagen, Denmark · Startup Tradeshift was founded in Copenhagen in 2010 by veterans of Denmark's e-invoicing infrastructure and set out to modernize global trade workflows. Its cloud platform connects buyers and suppliers for e-invoicing, procurement, and supply chain finance, using open standards and a network model. Tradeshift scaled to a global footprint with headquarters in San Francisco and offices across Europe and Asia, and it achieved unicorn status after major funding rounds. The company is a flagship Danish fintech and B2B SaaS success.
Vilnius, Lithuania · Startup TransferGo is a Vilnius-founded international money transfer platform launched in 2012 by Daumantas Dvilinskas and Justinas Lasevicius. The service focuses on migrant remittances, enabling fast and affordable cross-border transfers to over 160 countries. TransferGo has raised over $100 million from investors including Hard Yaka and Valar Ventures. With 350+ employees and offices in the UK, Germany, Lithuania, and Poland, the company has processed billions in transfer volume. It competes with Wise and Remitly in the migrant remittance segment and is one of the Baltics' most prominent fintech exports.
Kilkenny, Ireland · Startup TransferMate is a B2B cross-border payments infrastructure company headquartered in Kilkenny, Ireland. It provides payments-infrastructure-as-a-service and embedded payments technology that lets businesses send and receive international payments, positioning itself as a faster, lower-cost alternative to the traditional correspondent-banking model by enabling local pay-in and pay-out. The company runs a large global payments-licensing network, is regulated by the Central Bank of Ireland as an Electronic Money Institution, and reached a valuation above $1 billion in May 2022, becoming an Irish fintech unicorn.
Warsaw, Poland · Startup Polish digital-first motor insurance platform offering fully online purchase, claims handling, and policy management for drivers. Trasti sits between a direct-to-consumer insurer and an embedded-insurance platform, targeting cost-efficient underwriting and fast digital experiences. Backed by Movens Capital.
Barcelona, Spain · Startup TravelPerk is a Barcelona-based corporate travel platform that replaces fragmented business-trip booking and policy management with a software-first system designed for both employees and finance teams. Its product combines broad travel inventory with a consumer-grade booking flow, while also giving companies the controls they need around approvals, budget visibility, invoicing, and reporting. That mix matters because corporate travel historically sat in an awkward space between employee convenience and finance oversight, with legacy travel management tools serving neither side particularly well. TravelPerk's software approach turns travel into a manageable operating workflow rather than a disconnected administrative burden. It has also expanded its moat through flexibility, policy automation, and integrations into the wider HR and finance stack, which makes it attractive to fast-growing international teams. In the European ecosystem, TravelPerk is one of the clearest examples of a category-defining B2B SaaS company emerging from Southern Europe and selling into the operational backbone of modern companies. It is especially relevant for startups and scale-ups managing distributed teams, customer travel, and cross-border expansion.
Reykjavik, Iceland · Startup Treble Technologies has built the world's first cloud-based sound simulation and synthetic audio data generation platform, enabling architects, engineers, car manufacturers, and tech companies to simulate acoustic environments up to 1,000x faster than legacy software. Founded in 2020 by acoustic engineers Dr Finnur Pind and Jesper Pedersen following nearly a decade of research, the Reykjavik startup raised €11M in a Series A round in September 2024, led by KOMPAS VC with participation from Frumtak Ventures, the European Investment Bank, and strategic partners Saint-Gobain & L-Acoustics. Its platform is used by three of the world's five largest tech companies and major global engineering consultancies.
Florence, Italy · Startup Treedom is the world's first online agroforestry funding platform, allowing individuals and companies to plant trees in community-based projects across Africa, Latin America, and Asia, with each tree geotagged and photographed. Founded in Florence in 2010 by Federico Garcea and Tommaso Speroni, Treedom has planted over 3.3 million trees across 42 projects in 14 countries. Certified B-Corp since 2014, the company runs a hybrid B2B2C model — selling corporate sustainability packages to companies and individual tree gifting to consumers. Backed by Banca Sella with $14.4 million raised and 84 employees as of 2026.
Bucharest, Romania · Startup Tremend is a software engineering and technology consultancy headquartered in Bucharest, Romania, founded in 2005 by Ioan Cocan and Marius Hanganu. It provides custom software development, digital transformation, product engineering and consultancy across industries including finance, banking, telecom, automotive, healthcare and public services. The company was bootstrapped rather than venture-backed and grew to over 650 engineers before Publicis Groupe acquired it in January 2022 to expand the European delivery capabilities of its Publicis Sapient arm.
Istanbul, Turkey · Startup Trendyol is Turkey's largest e-commerce platform, operating a marketplace, express delivery service, digital wallet, and food delivery product that together serve tens of millions of customers. Founded in 2010 by Demet Mutlu, the company attracted a major investment from Alibaba Group and has grown into one of the most valuable private technology companies in Europe with a valuation exceeding $16 billion. Trendyol processes millions of orders daily through its logistics infrastructure spanning hundreds of thousands of merchants. The platform is a dominant force in Turkish digital commerce and an increasingly important player in cross-border e-commerce across the broader region.
Utrecht, Netherlands · Startup Trengo is a customer engagement platform headquartered in Utrecht, Netherlands, founded in 2017. It consolidates customer communications across email, WhatsApp, live chat, social media, and voice into a single shared inbox, enabling teams to collaborate on customer requests. The company raised a $36 million Series A in 2021 and serves over 3,000 customers globally across industries including finance and e-commerce. Trengo is backed by Insight Partners and Peak Capital.
Budapest, Hungary · Startup Tresorit is a Budapest-founded end-to-end encrypted cloud storage and file-collaboration company that positioned itself very early as the privacy-first European alternative to Dropbox and Google Drive for regulated industries: law firms, healthcare, financial services, and — notably — government and defense teams in Europe that cannot legally store sensitive files with US hyperscalers. Founded in 2011 by István Lám, Szilveszter Szebeni, and György Szilágyi, the product is built around zero-knowledge client-side encryption, so files are encrypted before they leave the user's device and Tresorit itself cannot read them even if compelled. The company famously ran a public one-million-dollar hacking challenge to demonstrate the robustness of its encryption, and has since been repeatedly cited by European regulators and data-protection authorities as a model for GDPR-aligned cloud collaboration. In 2021 Swiss Post acquired a majority stake in Tresorit as part of its digital sovereignty push — one of the most strategically significant Hungarian deep-tech exits.
Graz, Austria · Startup Trever provides a digital-asset operating system for financial institutions to trade, settle, and manage cryptocurrencies and tokenized securities. In market positioning it overlaps with infrastructure providers such as Fireblocks and Metaco.
Belgrade, Serbia · Startup Trickest is an offensive security automation platform built for bug bounty hunters, penetration testers, and enterprise SecOps teams. Founded in 2020 by Nenad Zaric — a former top-ranked HackerOne researcher with credits at Uber, PayPal, and Snapchat — and Mihailo Tomic, the platform provides a visual workflow builder and a large library of tool nodes for attack surface mapping, vulnerability scanning, and automated recon. Teams can compose, share, and run complex security workflows without custom scripting. Trickest raised a €1.4M seed round backed by Credo Ventures and Earlybird Digital East, with angel investors including UiPath's Daniel Dines.
London, United Kingdom · Startup Mobile games company scaling casual puzzle and card titles to millions of players. Tripledot Studios is a startup based in London, United Kingdom at the growth stage. The company operates in the Gaming, Mobile space. Learn more at their website.
Stockholm, Sweden · Startup Truecaller is a Stockholm-based company that develops a mobile caller-identification, spam-blocking and call/SMS-management app for Android and iOS. Founded in 2009 by Alan Mamedi and Nami Zarringhalam, the app lets users identify unknown callers and filter spam, with India being its largest market. The company listed its Class B shares on Nasdaq Stockholm in October 2021 and has grown to roughly 500 million active users, while expanding into adjacent data services.
London, United Kingdom · Startup TrueLayer operates an open banking platform across Europe centered on Pay by Bank, enabling consumers to pay directly from their bank accounts rather than using cards. Its product suite includes Payments, Payouts for instant refunds and withdrawals, Bank on File for recurring payments and subscriptions, plus data, verification, and incentive add-ons. The company serves sectors including ecommerce, iGaming, financial services, travel, and crypto. TrueLayer is authorised and regulated by the UK Financial Conduct Authority, and has pursued acquisitions to expand its European footprint and add credit-at-checkout capabilities.
Birkirkara, Malta · Startup Truevo Payments is a Malta-founded fintech company that integrates card acquiring and payment gateway services into a single platform. Originally established as Swish Payments in 2013 and rebranded in 2017, Truevo is licensed by the Malta Financial Services Authority and certified to PCI-DSS Level 1. It provides online payment acceptance, card payouts, subscription billing, pay-by-link, and point-of-sale systems to merchants across Europe. The company employs around 90 staff and is headquartered at the Central Business District in Birkirkara, Malta.
Stockholm, Sweden · Startup Trustly is a Stockholm-based open banking payments company founded in 2008 that enables merchants to accept direct bank payments from consumers without cards, apps, or registration. The platform connects to over 8,000 banks across Europe and North America, powering pay-by-bank experiences for e-commerce, financial services, gaming, and travel companies. Nordic Capital acquired a majority stake in 2018 and the company has grown rapidly, processing tens of billions in payment volume annually. Trustly is a key player in Europe's open banking ecosystem and the broader shift away from card-based payments.
Copenhagen, Denmark · Startup Founded in 2007 by Peter Holten Muhlmann, Trustpilot is a Copenhagen-born consumer reviews platform that helps people share feedback about businesses and helps companies respond to and learn from customers. The platform operates a freemium model, pairing public reviews with paid tools for analytics, review invitations, and trust widgets. Trustpilot scaled internationally, opened major offices in London and New York, and went public on the London Stock Exchange in 2021. Today it hosts hundreds of millions of reviews and remains one of Denmark's best known global software successes.
Budapest, Hungary · Startup Turbine is a Budapest-based biotech company using AI-powered simulated cell technology to accelerate drug discovery and identify novel cancer treatment combinations. The platform creates virtual cell models that simulate how cancer cells respond to different drug interventions, helping pharmaceutical companies identify promising candidates faster and with fewer costly wet-lab experiments. Turbine has partnered with major pharma companies and raised significant funding to expand its simulated biology platform. The company is a standout example of deep-tech life sciences innovation emerging from Hungary and one of the most technically ambitious AI-for-drug-discovery startups in Central Europe.
Tallinn, Estonia · Startup Cloud-native, API-first core banking platform letting banks, fintechs and neobanks launch accounts, payments, lending and cards on modular infrastructure. Clients include LHV Bank and OP Financial Group; raised EUR 25M in 2024.
Riga, Latvia · Startup TWINO is a fully licensed and regulated investment marketplace headquartered in Riga, Latvia, founded by Armands Broks in 2015. The platform gives retail investors across 30 European countries access to consumer, business, real estate loans, and invoice financing, with average returns around 10–12% per year. TWINO holds an investment brokerage licence from the Central Bank of Latvia and is supervised under MiFID II. It has facilitated over €1 billion in cumulative loan volume and employs over 300 people worldwide.
Prague, Czech Republic · Startup Twisto is a Prague-based fintech founded in 2013 by Michal Smida, offering buy-now-pay-later and digital payment solutions across Central Europe. The platform allows consumers to defer payments at checkout and manage spending via a mobile app and virtual card, while merchants benefit from higher conversion rates. Twisto expanded into Poland and Romania before being acquired by Zip Co (Australia) in 2022 for approximately $97 million. The company helped pioneer BNPL adoption in CEE and remains a notable Czech fintech exit story.
Belgrade, Serbia · Startup Two Desperados is an independent mobile game development studio of around 80 people based in Belgrade, Serbia. Founded in 2010 by Marija Ilic and Vojislav Milutinovic after five years building a software startup, the studio pivoted to casual gaming and created the #1 marble-shooter franchise Woka Woka and Viola's Quest, which together have attracted 30 million players worldwide. Their third title NoNo Crossing, launched in 2023, extends the portfolio beyond the marble-shooting genre. The studio is a proud alumnus of the Google for Startups accelerator program and a founding member of the Serbian Games Association.
Warsaw, Poland · Startup Tylko is a direct-to-consumer, digital-first furniture company specialising in made-to-measure shelving and storage. Customers configure pieces online with a parametric configurator and AR app, with each item CNC-manufactured to order in Poland from birch wood and shipped across Europe.
Barcelona, Spain · Startup Typeform is a Barcelona-based no-code SaaS platform for building conversational forms, surveys, quizzes, and data-capture experiences with a distinctive one-question-at-a-time UX that consistently outperforms traditional forms on completion rates. Founded in 2012 by David Okuniev and Robert Muñoz, it serves 130,000+ customers and generates over $141M in annual revenue. The platform integrates with Slack, Salesforce, HubSpot, and 500+ tools. Backed by General Atlantic, Sofina, Connect Ventures, and Index Ventures with 720+ employees globally, Typeform is valued at ~€935M and continues operating as an independent product with active development in 2026.
Bucharest, Romania · Startup TypingDNA is a Romanian cybersecurity startup that turns the way you type — your keystroke rhythm, dwell and flight times, and typing cadence — into a behavioral biometric signature that can authenticate users continuously or at login without any additional hardware. The core product, TypingDNA Verify, is used by banks, exchanges, and remote-proctored exam providers as a friction-light second factor or anti-fraud signal, and the company also offers ActiveLock, a desktop app that locks the computer automatically when a different typist takes over the keyboard. Founded in 2016 by Raul Popa, Cristian Tamas, and Adrian Gheara, TypingDNA was backed by Google Ventures (GV) in 2020 in one of the first GV investments into Romania, and remains one of the most technically distinctive Romanian cybersecurity companies — a useful counterpart to Bitdefender's broader endpoint and consumer security presence.
Bucharest, Romania · Startup UiPath is the Bucharest-born enterprise automation company that defined the robotic process automation (RPA) category and rode it to one of the largest European software IPOs ever: the company listed on the NYSE (PATH) in 2021 at a roughly USD 35 billion valuation, making co-founder Daniel Dines the first Romanian tech billionaire. Founded in 2005 by Daniel Dines and Marius Tîrcă as an outsourced desktop-automation shop, the company pivoted in the mid-2010s into selling a platform for orchestrating software robots that mimic human workers against legacy enterprise applications, and used aggressive community-led adoption to become the de facto RPA standard at thousands of Fortune 500s. Post-IPO, UiPath has extended into AI-powered document understanding, process mining (via the 2022 Re:infer acquisition), and — most importantly — agentic automation, a 2024 platform launch that orchestrates LLM-based agents alongside traditional robots inside the same workflow engine. The company is now headquartered in New York but continues to run its largest engineering center out of Bucharest, and it remains the single most influential reference story for Romanian deep-tech.
Ta' Xbiex, Malta · Startup UMNAI is a Malta-based deep-tech AI company founded in 2019 by Dr. Angelo Dalli and Ken Cassar. The company has developed a neuro-symbolic Hybrid Intelligence framework that combines neural networks with symbolic reasoning, enabling AI systems to make consequential decisions that are explainable, auditable, and compliant with EU AI regulation. UMNAI's technology is deployed in financial services, healthcare, insurance, and justice, where regulatory accountability is non-negotiable. The company has been granted 30 patents with a further 22 pending, and Cassar represents Malta at the CEN/CENELEC JTC 21 AI standards committee.
Lisbon, Portugal · Startup AI-powered Language Operations (LangOps) platform combining machine translation with human editors for multilingual customer support and content. Founded 2013 in Lisbon; acquired by TransPerfect in August 2025.
London, United Kingdom · Startup Revenue-based, non-dilutive working capital provider offering USD 10k to 2m to ecommerce and online businesses via fixed-fee, no-equity financing. Founded 2019; operations also in Warsaw, Poland.
Baku, Azerbaijan · Startup Unibank is one of Azerbaijan's leading commercial banks and has invested heavily in digital transformation, launching mobile-first banking products, contactless payment infrastructure, and fintech partnerships that position it as the country's most digitally progressive financial institution. Its innovation arm develops API-based services, digital onboarding flows, and data-driven lending products aimed at modernizing how Azerbaijani consumers and SMEs interact with financial services. Unibank's fintech initiatives are important to the local ecosystem because they create integration opportunities for startups building on open banking and embedded finance rails.
Copenhagen, Denmark · Startup Unity Technologies was founded in Copenhagen in 2004 as a small game studio and evolved into the Unity game engine, a widely used platform for building 2D, 3D, and real time experiences. Unity helped democratize game development with a friendly pricing model, cross platform deployment, and a massive developer ecosystem. The company expanded into industries like automotive, architecture, and simulation, and it went public on the NYSE in 2020. Unity remains one of the most influential Danish founded technology companies in the global developer tools space.
Odense, Denmark · Startup Universal Robots was founded in Odense in 2005 and pioneered collaborative robots that are safe, flexible, and easy to program for small and mid sized manufacturers. The company introduced affordable robotic arms like the UR5 and helped establish the global cobot category. After strong growth, Universal Robots was acquired by Teradyne and continued expanding its product line and ecosystem. It is a cornerstone of Denmark's robotics cluster and a global automation leader.
Berlin, Germany · Startup API-first investment infrastructure provider (brokerage, settlement, custody) for banks, brokers and fintechs like Revolut and N26. Regulated by BaFin and the FCA. Founded 2017.
Athens, Greece · Startup Remote UX research and unmoderated usability-testing platform for product teams, with card sorting, tree testing, prototype analytics and Figma/Sketch imports. Founded 2018, backed by Metavallon VC.
Istanbul, Turkey · Startup No-code product adoption platform for building in-app onboarding flows, tooltips, walkthroughs, knowledge bases and surveys to reduce churn. Founded 2017; clients include Uber and UNICEF.
Yerevan, Armenia · Startup Uteach is an all-in-one course-building and online-academy platform built in Yerevan for independent educators, creators, and established learning businesses that want to stop renting their students from marketplaces. The product bundles course hosting, live lessons (1:1 and group), branded school websites with custom domains, built-in payments and subscriptions, quizzes, certificates, affiliate links, and email marketing into a single operational stack, so a solo tutor or a coaching company can move from Zoom + spreadsheets to a proper school without integrating a half-dozen SaaS tools. Uteach scaled through the 500 Global Eurasia program and today serves creators across the US, Europe, MENA, and South Asia, which makes it one of Armenia's clearest examples of a locally built B2B SaaS with a fully international revenue base. It complements global players like Teachable and Thinkific by leaning into emerging-market pricing and stronger native-language support.
Paris, France · Startup Mobile app (Android and iOS) that rewards everyday drivers by automatically accumulating points in the background as they drive, with no manual interaction. Points are redeemable for discounts at partner merchants, and geo-discovery surfaces nearby offers along a driver's usual routes. Early-stage and recruiting its first national merchant partners.
Helsinki, Finland · Startup Varjo designs and manufactures industrial-grade virtual and mixed reality headsets used in professional simulation, defence training, and engineering visualisation. Founded in 2016 in Helsinki by Nokia and Microsoft alumni, the company has raised over $200 million and pivoted strongly toward military and defence customers. In 2026 it launched ready-to-deploy XR systems for air-gapped and secure environments, backed by a €40 million R&D programme co-funded by Business Finland, and attracted a €5 million strategic investment from defence technology firm THEON.
Berlin, Germany · Startup Vay is a Berlin-based mobility company founded in 2018 that develops teledriving technology, where trained human drivers remotely operate road vehicles from a station using a live video and control link. It offers a driverless door-to-door car service without an in-car driver and runs commercial operations in Las Vegas as well as testing in Europe.
Bucharest, Romania · Startup Deep-tech B2B data vendor (formerly Soleadify) providing AI-curated firmographic and supplier data via APIs for sourcing, risk, underwriting and market intelligence across tens of millions of companies.
Tallinn, Estonia · Startup Veriff is an Estonia-born identity verification company that has become part of the trust layer for digital businesses operating in regulated or fraud-sensitive environments. The platform helps companies confirm that a user is real and matches the identity documents they present, combining document analysis, biometric checks, liveness detection, and contextual fraud signals into a single workflow. That matters for fintech, mobility, marketplaces, and online platforms that need to balance conversion, compliance, and abuse prevention at scale. Estonia is a fitting home for a company like Veriff because the country's digital-state legacy and export-oriented software culture created strong conditions for trust infrastructure businesses. Within the broader European ecosystem, Veriff stands out as a Baltic company that turned regional technical strengths into a globally relevant category. It also connects naturally with adjacent infrastructure players in the directory: onboarding-heavy fintechs need identity verification, and workflow platforms can automate the compliance and security processes around those checks. As a result, Veriff is not just another startup profile, but a useful example of how European infrastructure companies become indispensable across many other sectors.
Dunkirk, France · Startup Verkor is the industrial champion of the French "Battery Valley" and one of Europe's most important energy manufacturing plays. While many battery startups emphasize chemistry R&D, Verkor's differentiator is execution at scale. Its gigafactory in Dunkirk, which began commissioning in late 2025, is designed to reach 16 GWh of annual capacity—enough to power roughly 300,000 electric vehicles. The facility is among the most advanced battery plants in Europe, built to supply automotive OEMs with locally produced, low-carbon cells.
The year 2026 is Verkor's start-of-production milestone. Its cells are the core of the new Alpine A390 and other Renault Group EV programs, giving the company a high-profile anchor customer and a direct path to volume demand. Verkor positions itself around "low-carbon performance" by combining France's low-emission nuclear grid with a highly digitized Industry 4.0 production system that reduces scrap rates and energy intensity. The company argues that its batteries carry a materially smaller carbon footprint than cells manufactured in coal-heavy regions, which is increasingly important as automakers track embedded emissions across supply chains.
Beyond production, Verkor is investing in future chemistry and process innovation. The Verkor Innovation Centre (VIC) in Grenoble is expanding its work on next-generation chemistries, including sodium-ion cells that reduce reliance on lithium and cobalt. This R&D focus strengthens supply-chain resilience and creates optionality for lower-cost, lower-risk storage solutions as electric mobility scales. Verkor's roadmap also includes tighter integration between materials sourcing, cell design, and recycling, positioning it to meet Europe's stringent regulatory requirements on battery sustainability and traceability.
Verkor is backed by a mix of strategic and infrastructure capital. Macquarie Asset Management and Meridiam provide long-term project finance muscle, Renault Group anchors demand and industrial validation, EQT Ventures provides growth capital, and Sibanye-Stillwater supports raw material security. It was co-founded and supported early by EIT InnoEnergy and has strong operational ties to Schneider Electric, which helped design its digital factory systems. With support from the Macron administration and the European Investment Bank, Verkor has become a poster child for European industrial sovereignty. In 2026, it stands as proof that Europe can manufacture critical clean-tech hardware at global scale—and do it with a lower-carbon footprint.
Zagreb, Croatia · Startup Verne is a Zagreb-based autonomous mobility company developing a self-driving robotaxi service for European urban markets. It was spun out of Rimac Group by Mate Rimac, Marko Pejković, and Adriano Mudri, and raised EUR 100 million in Series A funding in 2024 from investors including TASARU Mobility Investments (Saudi Arabia's PIF), Infinum, and Kia. Verne is constructing its first production facility in Zagreb and plans to launch a 60-vehicle fleet in 2026.
Warsaw, Poland · Startup Industrial robotics company building autonomous mobile robots (AMRs) and fleet-management software for warehouses and factories. VersaBox's platform coordinates mixed AMR fleets across intralogistics tasks and integrates with WMS/MES systems. Backed by Movens Capital.
Paris, France · Startup Luxury fashion resale platform with strong operations and authentication teams in Spain. Vestiaire Collective is a startup based in Paris, France at the growth stage. The company operates in the Marketplace, Fashion, Circular Economy space. Learn more at their website.
Ljubljana, Slovenia · Startup Viberate is a Ljubljana-based music-industry analytics platform that tracks artists, songs, festivals, and venues using live data from streaming services, social media, and live-event networks, and packages it into a Bloomberg-terminal-style product for record labels, agencies, investors, and music-tech builders. Its core dataset covers hundreds of thousands of artists and is used by A&R teams for signing decisions, by festivals for booking, and by rights buyers for catalog valuation. Founded by Vasja Veber and Matej Gregorčič in 2014, the company is publicly listed on the Ljubljana Stock Exchange and is one of the most prominent Slovenian examples of a vertical SaaS built around alternative data, with an English-language product that sells directly into New York, London, and Los Angeles. Viberate rounds out the directory's picture of CEE music-tech alongside Celtra in adtech and Outfit7 in entertainment software.
Riga, Latvia · Startup Vigo Health is a digital therapeutics company that developed the Vigo app, an evidence-based, CE-marked rehabilitation tool for stroke survivors combining physiotherapy, cognitive exercises, and patient education. Founded in 2018 by healthcare innovator Kristaps Krafte and neurosurgeon Jānis Šlēziņš, Vigo became the first digital therapeutic in the Baltic states to receive a state reimbursement code from the Latvian National Health Service in 2021. The app is available for home use 24/7 via iPad.
Warsaw, Poland · Startup Viktor is an AI coworker platform that lives inside Slack and Microsoft Teams and executes business workflows end-to-end rather than only suggesting text. Connected to thousands of tools, it autonomously generates reports, builds dashboards, writes code, manages ad accounts, and runs data analysis on behalf of teams, positioning itself as an "AI hire" rather than a tool. Founded in 2023 by former Meta engineers Fryderyk Wiatrowski and Peter Albert, the company is headquartered in Warsaw with a second office in Munich. After a public launch in February 2026 it reached a €12.9 million revenue run rate within 10 weeks and is used by more than 2,000 organisations. In May 2026 Viktor raised a $75 million (€64.7 million) Series A led by Accel — reported as the largest Series A ever raised by a Polish technology company — with participation from Bek Ventures, Kaya VC, Inovo VC, and Tenacity Capital, alongside angels including Slack co-founders Stewart Butterfield and Cal Henderson and Synthesia CEO Victor Riparbelli.
Vilnius, Lithuania · Startup Vinted is one of the most important consumer internet companies to emerge from the Baltics and the dominant European marketplace for second-hand fashion. Its scale comes from solving the resale experience in a way that feels simple for ordinary users rather than niche collectors: easy listing, broad demand, integrated shipping, and a business model that reduces friction on the supply side. That combination turned wardrobe resale from an occasional behavior into a repeat consumer loop, helping normalize recommerce across Europe. Vinted matters in the startup ecosystem because it proves that Lithuania can produce globally relevant consumer platforms with strong brand recognition, operational depth, and defensible marketplace dynamics. It also sits at an interesting intersection of circular economy, logistics, trust, and consumer product design, showing that major marketplace businesses are built as much on operations and liquidity as on software. For founders and investors, Vinted remains a strong case study in how marketplace design choices and local logistics execution can compound into continental scale.
Istanbul, Turkey · Startup Image-recognition and AI platform for retail and CPG companies, automating shelf monitoring, planogram compliance, price tracking and competitive intelligence from in-store imagery.
Luqa, Malta · Startup VistaJet is a global private aviation company founded in 2004 by Thomas Flohr that relocated its corporate headquarters to Malta International Airport in 2016. The company operates a subscription-based 'pay for hours flown' model across a fleet of over 300 Bombardier aircraft and serves business and government clients worldwide. Its Maltese HQ employs more than 250 people from 31 nationalities.
Budapest, Hungary · Startup VisualLabs is a Hungarian technology company founded by Balazs Horvath, specializing in Microsoft Power Platform, Business Intelligence, and data visualization solutions for enterprise clients. The company develops custom solutions leveraging Power BI, Power Automate, and AI-driven agent systems on Microsoft's cloud infrastructure. VisualLabs is an active sponsor and contributor to the Hungarian Microsoft community and the Shift+Enter Summit in Budapest.
Athens, Greece · Startup Viva Wallet is an Athens-based neobank and acquiring bank that built Europe's first fully cloud-native card-acquiring platform, running on Microsoft Azure and designed from day one for SoftPOS and ISO-independent merchant onboarding. The company serves small and medium merchants across 24 European countries with Android-based payment terminals, e-commerce gateways, IBAN accounts, instant settlement, and merchant cash advance products, and crossed 500,000 merchants before the JPMorgan Chase acquisition closed. JPMorgan bought a majority stake in 2022 valuing Viva Wallet at around USD 2 billion, specifically to use its cloud-native acquiring stack as the base for Chase's own European merchant-services expansion — one of the largest strategic tech acquisitions ever done out of Greece. Founded by Haris Karonis, Viva is today the anchor of the Athenian fintech cluster and proof that payments infrastructure of global quality can be built outside of London, Amsterdam, and Stockholm.
Copenhagen, Denmark · Startup Vivino is a Copenhagen founded wine discovery app that lets consumers scan labels and access crowd sourced ratings, tasting notes, and pricing. Founded in 2010 by Heini Zachariassen and Theis Sondergaard, Vivino built the largest wine data community and later expanded into a full marketplace where users can buy wines directly. The company has grown to tens of millions of users and has raised significant venture funding to expand internationally. Vivino is a standout Danish consumer tech company that blended mobile, computer vision, and commerce.
Paris, France · Startup AI-powered invoicing SaaS for freelancers and tradespeople that generates compliant PDF invoices in under 10 seconds from voice or text messages on WhatsApp, handling French requirements including sequential numbering, VAT and the 2026 e-invoicing mandate.
Stockholm, Sweden · Startup Voi Technology is a Stockholm-based micromobility company founded in 2018 that operates shared electric scooters and e-bikes across more than 100 European cities, partnering with municipalities under a permit-based, heavily regulated model. It is one of Europe's largest e-scooter operators and has emphasised sustainability and unit economics, reporting adjusted profitability in recent years.
Stockholm, Sweden · Startup Voi Technology is a Swedish micromobility company headquartered in Stockholm that operates shared electric scooters and e-bikes across European cities. Founded in 2018, it was one of the first electric scooter operators to launch in Europe, partnering with cities to provide app-based, dockless vehicle rentals as a sustainable alternative for short urban trips. The company reported reaching profitability in 2024 and has scaled to nearly 1,000 employees across multiple European countries, raising financing through both equity rounds and bond issuances.
Berlin, Germany · Startup Berlin-based AI companion for nurses and care workers that listens as staff speak care notes aloud and instantly converts speech into structured EHR records, giving clinicians back up to 30% of their shift. Deployed at 1,500+ care facilities across Germany serving 100,000+ nurses. Raised €43M Series A led by Balderton Capital.
Luxembourg City, Luxembourg · Startup Luxembourg deep-tech startup developing heated polymer filaments using advanced nanocomposite materials for surface heating applications in electric vehicles and smart buildings. Its ultra-thin conductive wire enables efficient in-cabin and battery heating for EVs, reducing range loss in cold weather. Founded in 2022 by Vlad Batkhin.
Budapest, Hungary · Startup Biopharma R&D company using AI-driven protein engineering and wet-lab directed evolution to design highly selective miniprotein therapeutics targeting disease mechanisms resistant to small molecules and antibodies.
Yerevan, Armenia · Startup VXSoft is an Armenian software company specializing in e-Governance solutions, including electronic document management systems, business registers, and civil status registers for the public sector. Co-founded by Ruben Manukyan (CTO and Architect) and Vahagn Mkhitaryan (Founder and President), the company operates offices in Yerevan, Dublin, and other locations, with core software development carried out in Armenia. VXSoft is the Diamond Sponsor of PyData PyCon Yerevan 2026, and its CTO Ruben Manukyan serves as a member of the event organizing committee.
Barcelona, Spain · Startup Wallapop is a Barcelona-based mobile-first marketplace for buying and selling second-hand goods, designed as a hyper-local consumer-to-consumer platform for used items. Launched in 2013, it grew into one of Spain's leading second-hand marketplaces and a key player in the circular economy. South Korean internet group Naver, an investor since 2021, agreed to acquire full ownership in a deal announced in August 2025 and completed in early 2026, while the company remained headquartered in Barcelona.
Barcelona, Spain · Startup Wallbox designs and manufactures smart EV charging hardware and energy management software, selling chargers in 100+ countries. Co-founded in 2015 by ex-Tesla engineer Enric Asunción and Eduard Castañeda, the company listed on the NYSE in 2021. Its Barcelona factory produces up to 1 million chargers annually. Q1 2026 revenue reached €29.7M with a 37.3% gross margin. A major Iberdrola contract for 10,000 Hypernova ultrafast public chargers is set to double ultrafast public charging in Spain, cementing Wallbox as the European leader in home and commercial EV charging.
Dresden, Germany · Startup Wandelbots is a Dresden-based robotics company founded in 2017, spun out of TU Dresden, that makes industrial robots easier to program. Its software abstracts away vendor-specific robot languages so that a single interface can control robots from different manufacturers, and it has moved toward AI-driven ('Physical AI') robot control for manufacturing.
Nicosia, Cyprus · Startup Wargaming is a Nicosia-headquartered game developer and publisher best known for the massively multiplayer online titles World of Tanks, World of Warships, and World of Warplanes, which together have accumulated hundreds of millions of registered accounts and defined the mid-2010s hardcore free-to-play category. Founded in 1998 in Minsk as a small strategy-game studio, the company moved its commercial headquarters to Cyprus in the 2010s for EU access and favorable IP treatment, and in 2022 shut its Russian and Belarusian operations entirely following the invasion of Ukraine, transferring the CIS business to a local licensee and concentrating development and live operations in Nicosia, Vilnius, Prague, Chicago, Austin, and Belgrade. Wargaming pioneered the free-to-play model for military simulation games, built its own proprietary engine and live-ops tooling, and runs one of the largest esports programs in the sector. In the European ecosystem it is the anchor of the Cypriot gaming cluster and a useful case study of a Minsk-origin studio reconstituting itself entirely outside the post-Soviet space.
Zagreb, Croatia · Startup Wasp is an open-source, full-stack TypeScript web framework co-developed by Croatian founders Matija and Martin Šošić. It integrates React, Node.js, and Prisma through a declarative configuration language, generating complete web applications with built-in auth, background jobs, and deployment. The company is Y Combinator alumni (W21) and raised EUR 1.3 million in seed funding led by Lunar Ventures.
Warsaw, Poland · Startup Cleantech spinout from Warsaw University of Technology building autonomous floating WaterStation units for inland water monitoring. The platform combines disposable electrochemical sensors with forecasting models to detect and predict ecological threats.
Dublin, Ireland · Startup Wayflyer is a Dublin-based revenue-based financing platform that provides non-dilutive working capital to e-commerce and consumer brands, using their store, payments, and marketing data to underwrite advances in days rather than weeks. Founded in 2019 by Aidan Corbett and Jack Pierse, the company became one of the fastest Irish startups ever to reach unicorn status after raising a Series B at a USD 1.6 billion valuation in 2022, off the back of explosive demand from DTC brands that needed alternatives to equity and bank debt during the post-pandemic inventory crunch. Wayflyer's technical edge is its underwriting model, which ingests Shopify, Amazon, Facebook Ads, and bank data to produce forward revenue forecasts and risk-adjusted offers, and it has expanded from pure cash advances into a broader financial-operations product for e-commerce merchants. In the European ecosystem it is the clearest example of fintech built specifically around the growth capital needs of modern digital brands.
London, United Kingdom · Startup Wayve is a London-based autonomous driving company built around the idea that vehicles should learn to drive through end-to-end machine learning rather than depend primarily on hand-coded rules and pre-mapped environments. That design choice makes Wayve one of the most important applied AI companies in Europe, because it pushes autonomy closer to a generalized intelligence problem than a traditional automotive software stack. By learning from raw driving data and behavior rather than fixed rulesets alone, Wayve aims to create systems that adapt more fluidly to unfamiliar roads and edge cases. This approach places the company near the frontier of embodied AI, where perception, planning, and action are trained together. In ecosystem terms, Wayve sits alongside Europe's most ambitious AI infrastructure and model-building efforts, but with a direct path into physical-world deployment through automotive and fleet partnerships. It is therefore a strong example of how European AI can move beyond content generation into safety-critical systems. The company also highlights London's role as a regional AI hub where capital, research talent, and commercialization pathways increasingly overlap.
Krakow, Poland · Startup WEBCON is a Krakow-based low-code enterprise automation platform that enables large organizations to design, deploy, and iterate on business process applications without heavy custom development. The platform is used to digitize workflows such as invoice approvals, contract management, HR onboarding, and compliance processes, with deep integration into Microsoft 365 and SharePoint environments. WEBCON serves enterprise customers across Europe and North America and differentiates through its InstantChange technology, which allows modifications to live applications without downtime or redeployment.
Riga, Latvia · Startup WeedBot builds autonomous laser weeding machines for organic vegetable farming, using computer vision and directed laser beams to destroy weeds without chemicals or manual labour. Founded in 2020 out of research at the Latvia University of Life Sciences and Technologies, the company raised €425k in a round led by Overkill Ventures in 2023. Its Lumina Laser Weeder is initially targeted at carrot cultivation, with plans to expand to other row crops.
Berlin, Germany · Startup Wefox is a Berlin-based insurtech company that digitizes insurance distribution and management for both brokers and end consumers. The platform enables insurance agents to manage policies digitally while also offering direct-to-consumer products. Wefox was valued at $4.5 billion at its 2022 peak and operates across Germany, Switzerland, Austria, Italy, and Poland. The company represents one of Europe's most ambitious attempts to modernize the insurance value chain through technology.
Athens, Greece · Startup Welcome Pickups is an Athens-based travel technology company offering personalised airport transfers and in-destination travel experiences. Founded in 2015 by Alexandros Trimis and Savvas Georgiou, the platform lets travelers pre-book rides at fixed prices and combines transfers with additional in-destination services. It operates across more than 100 destinations and partners with hotels, airlines and travel agencies to handle guest transfers. In December 2022 it raised a €5.3 million round led by Market One Capital, Flashpoint and Venture Friends to expand its destination network.
Amsterdam, Netherlands · Startup WeTransfer is an Amsterdam-based file-transfer and creative-tools company founded in 2009, best known for its simple service for sending large files, alongside products for creative professionals. It grew into one of the Netherlands' most recognised consumer internet brands and was acquired by the Italian software group Bending Spoons in 2024.
Oslo, Norway · Startup Whereby is an Oslo-based video communication platform founded in 2013 (originally as appear.in inside Telenor). It offers browser-based video meetings requiring no downloads or guest logins, and a developer-facing Whereby Embedded API for adding video calling to third-party products. GDPR-compliant and ISO 27001 certified, the platform supports healthcare, telehealth and education use cases. The company raised $12 million in Series A funding from Point Nine and SaaStr in 2021 and saw a 450% user surge during the pandemic, with adoption across 150 countries.
Dublin, Ireland · Startup Wia is a Dublin-based IoT cloud platform that helps businesses monitor occupancy, air quality, and energy consumption in real time to create smarter and more sustainable environments. Founded in 2015 by Conall Laverty, the platform is used by over 10,000 clients across 100 countries. Backed by Suir Valley Ventures and Enterprise Ireland, Wia has raised approximately €1 million in venture capital and its founder was named in Forbes 30 Under 30 Europe. The company positions itself as an accessible developer-friendly IoT infrastructure layer.
Yerevan, Armenia · Startup Wirestock is an Armenian AI data marketplace startup that sources and curates multimodal creative datasets — including images, videos, 3D models, and audio — for major AI foundation model developers. Founded in Yerevan, the company raised approximately $26 million total, including a $23 million Series A in 2026 led by Nava Ventures with participation from Formula VC and I2BF Ventures, and counts six of the world's largest AI model developers among its clients. Wirestock is a Platinum Sponsor of PyData PyCon Yerevan 2026.
London, United Kingdom · Startup Wise (formerly TransferWise) is a London-based fintech that built a peer-to-peer international money transfer platform offering transparent, low-cost cross-border payments at the real mid-market exchange rate. Founded by Kristo Kaarmann and Taavet Hinrikus, Wise went public on the London Stock Exchange in 2021 and now serves over 16 million customers, processing billions in cross-border volume each quarter. The company has expanded into multi-currency accounts, business payments, and a platform API used by banks and large enterprises.
Helsinki, Finland · Startup Wolt is a Helsinki-based delivery platform founded in 2014 by Miki Kuusi that expanded from restaurant food delivery into grocery, retail, and merchandise delivery across 27 countries. Known for its polished user experience and strong operational execution, Wolt became one of the Nordic region's most successful consumer tech companies. DoorDash acquired Wolt in 2022 for approximately $8.1 billion in an all-stock deal, using Wolt as its vehicle for international expansion. The Wolt brand and Helsinki-based team continue to operate DoorDash's business outside North America and Japan.
Prague, Czech Republic · Startup Woltair is a digital marketplace and installation platform for heat pumps and solar systems. It streamlines the complex process of finding qualified contractors, securing subsidies, and completing installations. By 2026, the company is a notable Czech green-tech player pushing heat pump adoption across Central Europe. Its operational advantage is a software-driven workflow layered on top of local installer networks.
Wrocław, Poland · Startup Woodpecker.co is a Wrocław-based B2B SaaS platform for cold email outreach and sales automation, founded in 2015 by Mateusz Tarczyński and Maciej Cieśla. The product lets sales and business-development teams run personalised, automated email sequences at scale and serves thousands of users across more than 100 countries. Largely bootstrapped, the company later listed on the Warsaw Stock Exchange (ticker WPR), making it one of the few Polish SaaS firms to reach public markets.
Edinburgh, United Kingdom · Startup Edinburgh-based legal AI platform designed for in-house legal teams that captures, triages, resolves, and records every legal request from the business with AI assistance. Serves 500+ companies including BT, Financial Times, and Canva. Raised £52M ($70M) Series B from Highland Europe and Index Ventures in June 2026.
Athens, Greece · Startup Workable is an Athens-founded HR and recruiting platform that helps companies source, evaluate, and hire candidates through an integrated applicant tracking system, AI-powered sourcing, and structured interview workflows. The platform serves over 27,000 companies and has expanded from recruitment into broader HR operations including onboarding, time tracking, and employee management. Founded in 2012, Workable has raised over $100 million and built a globally competitive product from Greece, making it one of the country's most prominent B2B SaaS exports and a demonstration that world-class HR technology can originate outside traditional tech hubs.
Amsterdam, Netherlands · Startup WorkFlex is a travel compliance automation platform that helps companies manage international employee mobility, including workations, business trips, and work-from-abroad arrangements. Its software assesses cross-border compliance risks such as tax, labour law, and social security, and automates the related paperwork, handling A1 certificates, visas, posted-worker declarations, and tax requirements. Employers use it to track and approve temporary remote work from abroad while staying compliant. The company was founded in 2022 by Patrick Koch and Pieter Manden, the latter a tax lawyer who previously led PwC's remote work compliance function. WorkFlex is headquartered in Amsterdam.
Dublin, Ireland · Startup Workhuman operates a cloud-based employee recognition and continuous performance management platform used by over 7.5 million employees across 180 countries. Founded as Globoforce in Dublin in 1999 and rebranded in 2019, the company enables peer-to-peer recognition moments that drive engagement, culture, and retention at enterprise scale. Headquartered in both Dublin and Massachusetts, Workhuman employs over 600 staff in Ireland and has attained unicorn status, with clients including LinkedIn, Cisco, and Procter & Gamble.
Cork, Ireland · Startup Employee experience and internal communications platform unifying intranet, engagement, comms and AI-powered search into one app. Founded 2017 in Cork; acquired by Zoom in 2023 and still operates from Cork.
Tallinn, Estonia · Startup Admin platform for solo freelancers and one-person businesses, handling company setup (incl. e-Residency), invoicing, taxation and compliance. Serves 150,000+ users across 160 countries and has processed over EUR 6B in invoices.
Gorzów Wielkopolski, Poland · Startup Xopero Software is a Polish cybersecurity company building enterprise backup, disaster-recovery and data-protection solutions, including Xopero ONE, an MSP platform and GitProtect.io for DevOps environments (GitHub, GitLab, Jira). Poland's first cloud-backup provider for SMEs, it serves 100,000+ customers.
Zurich, Switzerland · Startup Yokoy is a Zurich-based AI-powered spend management platform founded in 2019 by Lars Mangelsdorf, Philippe Sahli, and Michael Fehr. The company automates expense reports, invoice processing, and corporate card management using machine learning, reducing manual finance workflows for mid-market and enterprise clients. Yokoy raised a Series B of CHF 80 million in 2022 led by Sequoia Capital, one of the largest Swiss fintech funding rounds of that year, and has since expanded across DACH, the UK, and the Netherlands. The platform integrates with major ERP systems including SAP and Oracle and is used by companies including DocMorris and Montana. Yokoy competes with Concur and Payhawk in the European spend management category.
London, United Kingdom · Startup UK insurtech offering group life insurance and employee benefits gamified with wellbeing rewards to encourage healthy living. Founded 2016 in London; expanded to the US and South Africa.
Berlin, Germany · Startup Zalando is a Berlin-based online fashion and lifestyle platform founded in 2008 by Robert Gentz and David Schneider. It grew from a Rocket Internet-backed shoe retailer into Europe's largest online fashion marketplace, listing on the Frankfurt Stock Exchange in 2014. Zalando operates across 25 European markets, connecting over 50 million active customers with thousands of brands. The company transitioned from a pure retailer to a platform model, enabling brands to sell directly through its Partner Program while offering logistics, marketing, and fulfillment services via its Zalando Fulfillment Solutions infrastructure.
Barcelona, Spain · Startup Proptech that digitises the full residential rental lifecycle for landlords and property managers, offering guaranteed rent, AI-powered tenant matching, non-payment insurance and rent advances. Manages 3,500 properties across Spain.
Trondheim, Norway · Startup Zeabuz is a Trondheim-based maritime autonomy startup founded in 2019 as a spin-off from NTNU. It develops autonomous, zero-emission electric ferry systems for urban waterways, combining advanced sensors, navigation and AI to operate without a crew. In 2023, Zeabuz and Torghatten launched Estelle in Stockholm — the world's first commercial autonomous passenger ferry. In 2025 the company signed a Letter of Intent with Haugesund municipality for Norway's first autonomous city ferry, connecting three urban waterfront locations, and is providing autonomy solutions to additional Scandinavian ferry operators.
Paris, France · Startup Zefir is a French proptech company operating an AI-powered real-estate marketplace that aims to accelerate residential property transactions for sellers, buyers and agents. Its technology pools listings across competing agents and helps reduce transaction times, and it has launched ZIA, an AI-powered home-search assistant for buyers. Founded in 2020 and based in Paris, Zefir raised a 15 million euro Series B round in September 2025 led by FinTech Collective, bringing total funding to roughly 50 million euro.
Copenhagen, Denmark · Startup Zendesk was founded in Copenhagen in 2007 by Mikkel Svane, Morten Primdahl, and Alexander Aghassipour to make customer support software simpler and more usable. The company built a cloud helpdesk that unified email, chat, voice, and social support, then expanded rapidly after relocating headquarters to San Francisco while keeping Danish roots. Zendesk went public in 2014 and later returned to private ownership in 2022, but it continues to shape the global customer experience software market and remains a landmark Danish founded SaaS company.
London, United Kingdom · Startup Zilch is a London-based fintech founded in 2018 that offers a buy-now-pay-later and payments app funded partly by advertising, letting customers pay over time at any merchant while earning rewards. It reached unicorn status and reports over one hundred million pounds of annualised revenue, positioning itself as an ad-subsidised alternative to traditional credit.
Warsaw, Poland · Startup AI customer-service platform co-founded in 2019 by Maja Schaefer (originally as Chatbotize, rebranded 2021). Zowie lets enterprises in e-commerce, banking and telecom deploy AI agents across chat, voice, email and app using a deterministic decision engine, and counts L'Oréal, InPost and Avon among its customers. It has raised around $20M, including a Series A led by Tiger Global.
Zurich, Switzerland · Startup Develops Solskin, an AI-controlled adaptive facade combining dynamic photovoltaic panels with automated sun shading. Active solar tracking raises PV output by 40%+, while AI-driven shading cuts building air-conditioning energy by 20–80%.